Set on . 36 manicured and landscaped acres on picturesque Cheney Street in Newport, NH, this recently refreshed, 5 bedroom, 2 bath New Englander is only a 2 minute walk from downtown. Boasting high ceilings and newly refinished floors throughout, the home is ready to go. With new paint inside & out, and a spectacular 3rd floor Classroom/Office/Craft room (for those days when the kids are home) the property combines old world craftsmanship with modern amenities. Stately bay windows, curved arches, sophisticated moldings and original maple floors combine with a modern eat in kitchen, state of the art heating system and generous storage areas to create the best of both worlds. The attached barn is a blast from the past giving you massive storage but could easily be converted into additional living space. Stately coffered beams in the sitting room and an elegant circular staircase are highlights of the home's exquisite craftsmanship. The Richards Library and Arts Center, summer farmers market, restaurants and coffee shops are just steps away from your front door. Only 15 minutes to Lake Sunapee, the 75 mile Sunapee-Ragged-Kearsarge Greenway trail network and Vail's Mount Sunapee Ski resort. 30 minutes to Dartmouth Hitchcock Medical Center. Open House Saturday Oct 5th 10am until Noon
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $597 | $597 | $597 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,456 | $2,393 | $3,036 |
Total Monthly Payment | $3,128 | $3,065 | $3,708 |
* 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.