Welcome to Sterling Estates located on Steele Rd in Derry. This stylish PRE-CONSTRUCTION 2959 sq ft Farmhouse style home will sit on an upscale street amongst newly built homes within recent years. This home will exude luxury and comfort for the family throughout every corner. The functional layout is sure to impress. You will immediately notice the open floor plan primarily based all on the first floor creating an open airy feel throughout. The kitchen will be a chefs dream with custom cabinetry and the large center island. This home will boast 3 bedrooms and 4 bathrooms in total. The house will feature a 1st floor primary bedroom suite, set to be a true retreat featuring a soaker tub and tiled shower providing the ultimate spa like experience. Two additional bedrooms on the second floor each with their own bathroom. Who doesn't love the bonus room on the second floor that could have many functions! This home has plenty of space for everyone. Seller financing could be available. Inquire for details.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $791,920 | $791,920 | $791,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,496 | $4,876 | $6,576 |
Total Monthly Payment | $4,588 | $4,968 | $6,668 |
* 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.