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Charming 1906 Multi-Family –In Derry NH! Located on a dead-end street, this classic two-family is just a short walk to the Derry Library, MacGregor Park, and downtown shops and restaurants. A fantastic opportunity for investors or owner-occupants, each unit spans two levels with a spacious living room, dining room, and kitchen on the first floor, plus three generously sized bedrooms upstairs. Rich in character, the home features original built-ins, wide pine board floors, and timeless architectural details. The first unit includes a built-in dining room hutch and the primary bedroom is very large with double closets, while the second unit offers a built-in corner cabinet and a convenient side entrance. Outdoor spaces include a charming wraparound covered porch, deck, and ample driveway parking, plus an older garage for storage. Separate basements for each unit provide additional flexibility. A rare find in a sought-after location—don’t miss out!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $472,000 | $472,000 | $472,000 |
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 | 7.007% | 7.050% | 6.132% |
Monthly Tax Payment | $906 | $906 | $906 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,945 | $3,101 | $3,951 |
Total Monthly Payment | $3,943 | $4,099 | $4,949 |
* 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.