Finally, an affordable new construction home built for the modern family. This wonderful new home is to be built on it's own lot of over 1/2 acre, in a wooded and serene setting with spacious yard and great curb appeal. The home will come with a 2-car garage, covered porch, full basement, low-maintenance long-lasting construction, and serviced by city water and sewer. So no private septic to worry about. The home will have all 3 BRs and 2 BAs upstairs for familial peace of mind. The primary suite is private and feature its own bathroom suite and walk-in closet. The laundry hookups are also upstairs for great convenience. The first floor is bright and open with a modern kitchen, granite countertops, Energy Star appliances, and nice fixtures. Planned changes to the attached floorplans include basement stairs instead of the 1/2 bath. Many other upgrades available, but even with no changes or modifications this will be a wonderful home for many years. Kendall Woods is a small and quiet new 4-unit subdivision designed for the needs of the buyer. This is a great opportunity to make your home in the Lakes Region, with easy commuter access to Meredith, Laconia, Gilford, or south to Concord and Manchester. Franklin has a blossoming downtown with restaurants and shopping and the water park for family fun. You owe it to yourself and to your loved ones to check out this great opportunity. Kendall Woods, made to make memories.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $340,000 | $340,000 | $340,000 |
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 | $2,262 | $2,260 | $2,915 |
Total Monthly Payment | $2,337 | $2,335 | $2,990 |
* 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.