NEW CONSTRUCTION TO BE BUILT IN DOVER, NH! Woodland Estates is one of the Seacoast area’s newest premier subdivisions. Age in place and enjoy single level living in this open concept Contemporary Ranch. The main living area includes a kitchen with a center island, a large living room with a gas fireplace. The flex room can be used as a formal dining room, den or office. Enter the front foyer off the covered porch or keep things neat and tidy in the mud room as you enter from the two-car attached garage. The primary bedroom suite boasts two walk-in closets, dual sinks and a walk-in tiled shower. Above the garage is an additional 448 sf finished bonus room. Hardwood and tile floors throughout the first floor, central air, maintenance free exterior, and generous allowances. This wooded lot has mature trees and abuts wooded open green space. Public water and sewer, underground utilities, paved private roads and low HOA fees. Dover is a vibrant community with a thriving downtown area. As host to several local events, Dover is rich in history and tradition and offers year round excitement. Nearby Durham is home to one of the top colleges in New England. Wentworth Douglas Hospital, AMTRAK and major road access is less than 4-miles away. Less than 10 minutes to local private and public schools, shops, and restaurants. Only 70 miles to Boston, MA, or 20-minutes to the Portsmouth Naval Shipyard or Pease Tradeport. Timeframe to build from contract to closing is approximately 8-9 months.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $59 | $59 | $59 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,676 | $5,059 | $6,795 |
Total Monthly Payment | $4,827 | $5,210 | $6,946 |
* 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.