Highland Ridge is one of the finest communities in New London. The condominium homes are all freestanding and offer 2 bay garages. Unit 24 sits at one end of the community offering an abundance of privacy. This oversized, 3037 sq. ft. home features open concept living with all principal rooms facing open meadow, garden & western sunsets vistas. The upscale kitchen offers a breakfast nook, abundant storage and easy access to a spacious dining area or the open deck for summer meals outside. The living room opens to an inviting den with many built-ins & a wood burning fireplace. The first floor primary suite features 2 large walk-in closests & an ensuite bath with soaking tub. The lower level offers a spacious family room w/custom built-in desk for 2 . Enjoy a crackling wood-burning fire in the fireplace on this level. There are 2 bedrms w/en-suite baths. A 440 sq. ft. storage room is ready to accommodate your organization goals! The 2 car garage also offers ample storage. Welcome to Highland Ridge in the heart of New London & the Lake Sunapee region! OPEN HOUSE - Saturday 11/2 1pm to 3pm .
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $583,200 | $583,200 | $583,200 |
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 | $565 | $565 | $565 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,880 | $3,876 | $5,000 |
Total Monthly Payment | $4,537 | $4,533 | $5,657 |
* 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.