South-facing Double Lot Overlooking Loon Mountain. The Lot comes with survey and architectural drawings ready for HOA and Town Approvals. Town water and sewer, phone, cable-TV and power all underground and at the street ready to go! What sets this land apart from other options in Lincoln? First, your south facing side of the home will have views of Loon Mountain when construction is complete on your dream home. Second, its a double lot combined into one parcel for extra value and space (single family only to be built). Third, Its the "highest" street in the neighborhood and you'll be near the end of a culdesac for peace and privacy. Fourth, the north/rear/garage side of the house abuts the National Forest. Next, the lot faces Snubber Trail & Lincoln Express Quad on the mountain. Additionally, the association entrance is adjacent to Loon Mountain Access Rd. Nothing could be more convenient for year round fun at Loon Mountain. Enjoy bus service to the slopes in winter. Use the design that comes with the sale or spark your imagination to create a work of art. Many reputable builders in the area.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $200,000 | $200,000 | $200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,331 | $1,329 | $1,687 |
Total Monthly Payment | $1,406 | $1,404 | $1,762 |
* 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.