Affordable new construction is here, at Kendall Woods in Franklin, NH. This new subdivision provides four lots all over 1/2 acre with a wooded back yard, convenient location in a country setting, city water and sewer services, and professional high quality construction ready for next Spring. This ranch model with 2-car garage is a proven winner, providing all the creature comforts you are looking for. The spacious open concept living space allows for a free flow of family and guests. The living room is bright and airy with soaring ceilings. The sizable kitchen comes complete with granite countertops, stainless appliances, ample cabinetry, peninsula seating, and a comfortable dining space. A short hallway gives way to a primary bedroom suite with its own bath and double closets. Two other bedrooms, spacious shared bath, and convenient laundry complete the package. Franklin has a bustling downtown, water park, hospital, and other amenities. Kendall Woods is in a quiet and wooded section of town, with easy access to RT 93. A great commuter location for working anywhere in the Lakes Region, Concord, or even Manchester. Also a great place to live and work locally, enjoying the local lakes and mountains. There is always something to do in New Hampshire, and this new neighborhood is just the place to start each day. Pics are of a previous build of this model in another location and may include customer choices or minor upgrades. Subject to final subdivision approval.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $375,200 | $375,200 | $375,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,591 | $2,494 | $3,164 |
Total Monthly Payment | $2,666 | $2,569 | $3,239 |
* 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.