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Welcome to 55 Freedom Drive! This charming ranch home, located just minutes from downtown Franklin, offers the perfect blend of convenience and potential. With your ideas and updates, this property can be transformed into the low-maintenance home you’ve been looking for. And the location couldn’t be more ideal! Everything you need is within walking distance, including Daniell Park, Concord Hospital - Franklin, Trestleview Park, and the scenic Winni Rail Trail. For commuters, you're just 7 minutes from Exit 22 (north) and 14 minutes from Exit 20 (south) off I-93, making access to Concord, Manchester, and Nashua quick and easy. Enjoy outdoor living in the spacious backyard, whether it's for relaxing afternoon barbecues or starting that vegetable garden you've always wanted. The full basement and one-car garage offer plenty of storage and space for your future plans. Don't miss out on a wonderful opportunity to make this home truly yours! Agent related to Seller.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $200,000 | $200,000 | $200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.303% | 6.510% |
Monthly Tax Payment | $320 | $320 | $320 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,264 | $1,347 | $1,715 |
Total Monthly Payment | $1,659 | $1,742 | $2,110 |
* 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.