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Welcome to 14B Park Street, a 3-bedroom condominium located a ½ mile from the center of downtown Dover. This bright and sunny condo exudes character and charm with high ceilings and plenty of space. Upon entry through the front door, you’ll take the stairs to the 2nd level, your main living space, with a large living room in the center, a spacious kitchen towards the back, and primary bedroom toward the front of the building. There is a small 2nd bedroom and full bath on the main level. Upstairs on the third floor you’ll find a reading nook and the 3rd bedroom. There are 2 deeded parking spaces, plus on-street parking, and a basement for storage. The HOA fee is $300/month and includes water, sewer, master insurance, landscaping, trash and snow removal. Park Street is centrally located with easy access to downtown, shopping, restaurants and the hospital. DELAYED SHOWINGS start at the Open House on Saturday May 10th from 12-2pm.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $268,000 | $268,000 | $268,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $397 | $397 | $397 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,694 | $1,761 | $2,243 |
Total Monthly Payment | $2,166 | $2,233 | $2,715 |
* 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.