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2 large parcels of land on the East side of Hooksett totaling almost 30 acres, abutting hundreds of acres of Manchester WaterWorks land and wetlands. There are power lines along Whitehall Rd and a roughly 2 acre area that was a residential burn dump for the Town of Hooksett in the 1960's that has been closed and covered over for 50+ years. The property taxes reflect an elderly exemption to the assessed value, but are not in Current Use. The lots are potentially subdividable, especially with both lots combined. There are several areas on the lots for seasonal views of the extensive wetland/marsh areas owned by Manchester Water Works. These parcels are only 3 miles to Rte. 28 bypass, 15 minutes to highways and 45minutes to the Coast. Come take a look and see if this is the land or project you have been looking for, assisted showings required as there is a lot to point out.
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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 | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.292% | 5.609% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,812 | $1,939 | $2,587 |
| Total Monthly Payment | $1,887 | $2,014 | $2,662 |
* 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.