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WELCOME TO 55 FOYE COVE ROAD ON BALCH LAKE. Here is your amazing opportunity to own a lakeside chalet on a 1. 5 Acre Parcel set on a peninsula with views all around. You will be the only home at the end of this road offering plenty of privacy and will have enough land for guest parking or future outbuildings and garage. Home offers lots of space for family and friends along with large deck and oversized dock for summertime enjoyment. 3 Levels of finished space and cathedral ceiling offer wonderful water views. This lakefront home is turnkey condition which lets you enjoy the lake during your time here. Store small watercraft or other toys in the one bay garage and you still have more space in the outbuilding shed. Property is close to the State line of Maine but sits on the Low tax Wakefield NH side and comes with an elevation certificate that confirms it is out of the flood zone. This waterfront comes on the market just in time to get settle before the Spring!
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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 | $579,920 | $579,920 | $579,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.906% | 7.025% | 6.026% |
Monthly Tax Payment | $484 | $484 | $484 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,524 | $3,810 | $4,816 |
Total Monthly Payment | $4,100 | $4,386 | $5,392 |
* 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.