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Welcome to Salem, New Hampshire! This updated and well maintained single level home sits tucked away on a quiet street yet minutes from shopping, dining, and major commuter routes. This home offers the perfect blend of privacy and accessibility. Step inside to a fully updated kitchen with newer cabinets, appliances and quartz countertops which is open to a spacious dining area. Directly off the kitchen is the spacious living room with a great picture window for natural light. Down the hall you will find a fully updated bathroom with tile throughout as well as a stand up shower. This ranch has three well appointed bedrooms all with hardwood floors and ample closet space. The basement footprint has the same square footage as the main living space. With a new bulkhead, fresh paint and overhead lighting, it is ready to be transformed into additional space if needed. A full home pellet heating system and central A/C are the icing on the cake. Outside you have an oversized one car garage, wrap around deck and private back yard space to round out this great home.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $447,200 | $447,200 | $447,200 |
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% | 7.063% | 6.132% |
Monthly Tax Payment | $528 | $528 | $528 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,790 | $2,938 | $3,744 |
Total Monthly Payment | $3,410 | $3,558 | $4,364 |
* 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.