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MEREDITH, NH--Originally built in 1825, this 3 BR, 2. 5 Bath Cape and barn/garage with apartment have undergone complete renovation. Updated to meet today’s needs, this entire property has been upgraded with new heating and cooling systems, electrical, plumbing, windows, doors siding, roof, etc—essentially, this home has been newly constructed. The main house features three bedrooms and 2. 5 baths including the primary bedroom, bath and walk-in closet on the first floor. The kitchen has been expanded to accommodate today’s busy entertaining lifestyle and is open to the dining and living areas, all complete with maple hardwood flooring, a large center island and a walk-in pantry for additional storage. There’s also a laundry room, mud room and direct entry into the two-car garage. The apartment is a comfortable space for anyone and also accommodates your storage needs. Cathedral ceiling in the main living area, deck to enjoy those summer evenings, and even a view of Meredith Bay. There is nothing for you to do in this home except settle in and enjoy it! This exceptional and convenient Meredith location is within walking distance to the Meredith Community Center, Prescott Park, Laverack Nature Trail, Mill Falls Marketplace, and all things “Meredith”. There is easy public access to the public boat launch on Lake Winnipesuakee and on Lake Waukewan. Abutting 0. 31 acre lot also available as separate purchase.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | $306 | $306 | $306 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,582 | $5,097 | $6,771 |
Total Monthly Payment | $4,980 | $5,495 | $7,169 |
* 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.