Welcome Home-AFFORDABLE LIVING IN LONDONDERRY! This cozy 2-bedroom, 2-bath mobile/manufactured home situated in Ponderosa Mobile Home Ranch is ready to be passed on to it's next owner! Offering 924 square feet of comfortable living space, this well maintained home is perfect for those looking for easy, single story and low-maintenance living. Inside, you'll find a well-designed layout with a spacious living room open to an efficient kitchen. Also featured are two generously sized bedrooms-primary bedroom en-suite! The large corner lot provides just the right amount of outdoor space for relaxing or small gatherings, with minimal upkeep required. Conveniently located near shopping, dining, and major highways! Central AC! Agents, please see non public remarks.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $124,000 | $124,000 | $124,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $825 | $824 | $1,063 |
Total Monthly Payment | $900 | $899 | $1,138 |
* 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.