Are you looking for a new home to enjoy the holidays? Welcome to this quaint, affordable ranch in a prime commuter location in desirable Bow! This 3-bedroom, 1-bathroom home is ideal for someone looking to build INSTANT sweat equity while enjoying a comfortable, cozy living space with hardwood floors throughout! The eat-in kitchen provides a welcoming spot for meals and gatherings, and the mudroom/breezeway conveniently connects the garage to the house. The oversized family room features a pellet stove to keep you warm all winter and offset your heating costs! Downstairs, the partially finished lower level offers added flexibility with new flooring in the finished room. Outside, you’ll love the spacious, private yard, perfect for outdoor activities. Bring your ideas and turn this place into your dream home! With updates like a new drilled well and a new roof this home is just waiting for you finishing touches! Don’t miss this great opportunity to own in Bow! Quick close possible!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $303,920 | $303,920 | $303,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $542 | $542 | $542 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,022 | $2,020 | $2,563 |
Total Monthly Payment | $2,639 | $2,637 | $3,180 |
* 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.