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New construction by Chinburg Builders, one of the NH Seacoast’s premier builders, is perfect for those looking for new construction and first floor living options. The primary suite with walk-in closet and private bathroom has an added bonus room perfect for an office, private den or gym space. For those not seeking a first floor bedroom, utilize the space as an additional living room, office, or guest room. With the ability to live on one floor, this home benefits from the added flexibility of two oversized bedrooms on the second floor. An additional bedroom and bathroom on the second floor is also an option, making the condo a 4 bedroom, 3 and a ½ bathroom home. The kitchen with island flows to the dining area and a living room with optional fireplace. The vaulted ceilings yield a sense of grandeur and add to the feeling of spaciousness. The windows and sliding glass door lead to your covered wraparound porch and lead to the shared green space and walkways perfect for connecting with neighbors. Head across the street to enjoy Southport Kitchen and Bar, Flighthouse Gym, and New England Pickleball Club. Venturing further provides quick access to beaches, golf, walking and biking trails, with downtown Portsmouth a few minutes away. If you seek a community designed to foster meaningful relationships, Village at Rye Place awaits. Anticipated closing April 2026. Delayed Showings begin at the Open House Saturday, May 17th 11am to 1 pm and Sunday, May 18th 11 am to 1pm.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.750% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.865% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,030 | $4,540 | $5,954 |
Total Monthly Payment | $4,122 | $4,632 | $6,046 |
* 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.