This custom built, adirondack style, 6 bedroom/4. 5 bath 4300+ sf home offers direct access to the South Peak homeowners trail through the back yard. Built with fun and recreation in mind, this home offers plenty of room for families and guests to spread out and enjoy all the beautiful seasons that Loon Mountain has to offer. Featured on Home, Life & Style and designed and built as his personal residence, no detail has been spared by the award winning builder. Open concept kitchen & family room, screened in sunroom, spacious back deck, game room, ski room, ski closet, walk-in pantry and two separate living spaces to help the early to bed and the late to rise to live in harmony! Don't miss this opportunity to experience South Peak and all that Loon has to offer THIS winter. Furniture is available to purchase separately.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,400,000 | $2,400,000 | $2,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $740 | $740 | $740 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,627 | $14,973 | $20,091 |
Total Monthly Payment | $14,492 | $15,838 | $20,956 |
* 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.