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This beautiful, fully renovated home offers the perfect blend of modern luxury and beach-town charm. Located just a short walk from Portsmouth Beach, this home provides the ultimate single-level beach living. Featuring 2 spacious bedrooms and 2 full bathrooms, this open-concept layout is ideal for both relaxation and entertaining. The home boasts a high-end kitchen with a center island and gorgeous granite countertops, making it perfect for preparing meals or hosting guests. Modern appliances and a brand-new electric heat pump system ensure year-round comfort with energy efficient heating and cooling. Enjoy the airy and bright living space with ample natural light, creating a welcoming atmosphere throughout. As a bonus, the property includes a large garage and workshop space ideal for a home workshop, art studio, additional storage, or it can be converted into an additional unit. Seller will pay $10K towards buyers closing cost. This is a Helping Hands Community Partners project sold below market value with no???????????????????????????????? restrictions.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $475,600 | $475,600 | $475,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $304 | $304 | $304 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,967 | $3,124 | $3,981 |
Total Monthly Payment | $3,363 | $3,520 | $4,377 |
* 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.