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An exceptional property nestled in one of Durham’s most desirable neighborhoods. This captivating Royal Barry Wills Cape-inspired home, situated on 3. 4 acres of beautifully wooded grounds, offers a wonderful blend of classic New England architecture and contemporary comfort. Step inside and be immediately impressed by the thoughtful layout and elegant details. The inviting foyer opens into the living and dining spaces. It makes for a fantastic area to entertain, featuring sophisticated touches such as custom moldings, arched doorways, and abundant natural light streaming through freshly updated windows. . Recently restored pristine hardwood floors complement the home's classic charm and character. With 4 spacious bedrooms and 3. 5 well-appointed bathrooms, the home accommodates a variety of lifestyles with the primary bedroom suite on the first floor. The intelligently designed floor plan balances gathering areas with private retreats, ensuring comfort and versatility for everyday living. Ideally located near the heart of Durham, this residence provides easy access to the University of New Hampshire, historic downtown Durham, and the tranquil beauty of the Oyster River. Many will appreciate the property’s inclusion in the highly sought-after Oyster River Cooperative School District. 15 Laurel Lane offers more than a home—it promises a lifestyle of charm, comfort, and convenience.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
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Loan Amount | $976,000 | $976,000 | $976,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | $1,382 | $1,382 | $1,382 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,618 | $6,249 | $8,302 |
Total Monthly Payment | $7,125 | $7,756 | $9,809 |
* 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.