Looking to be close to the water in the Totem Pole Park Association? Lots this close to the beach and with a peek-a-boo water view don't come available often. This unit is a one bedroom, 1 bath Park Model with an attached addition. The addition was beautifully done in polished knotty pine with a gas stove to heat. The Park Model was built in 2003 and a new roof as of this year. It has an attached porch to relax and enjoy your beverage of choice. It also has a detached screen room. Again, this is one of the closest lots to all the amenities Totem Pole Park has to offer. Association amenities include: a large sandy beach on Ossipee Lake, tennis court, large rec center, newly designed mini golf course, volleyball, shuffleboard, softball field, multiple playgrounds, bocce, picnic area, boat docks, mooring lottery, snack bar, planned activities for all ages, bands, bingo and much more.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $220,720 | $220,720 | $220,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $138 | $138 | $138 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,468 | $1,467 | $1,893 |
Total Monthly Payment | $1,681 | $1,680 | $2,106 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.