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Lovely Wendy Welton Cape sitting on nearly four acres! Set back from the road on an expansive wooded lot, this beautiful property immediately feels like home. Enjoy the outdoors from your farmer's porch, or cozy up in the family room by the gas fireplace. Complete with an open concept floorplan, hardwood flooring, and granite countertops, this home has all the modern accents you've been looking for. Fantastic deck that leads to a gorgeous new bonus room with 720 sq ft not included in square footage. This bonus room also has a full bath, and has potential for an AUD. A new 2 car heated garage as well rounds out this amazing property. Conveniently located just minutes from downtown Durham and short drives from Portsmouth, Dover, and seacoast beaches - this property truly has it all. Don't miss your chance to call 120 Dover Road home!
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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 | $796,720 | $796,720 | $796,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $1,037 | $1,037 | $1,037 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,524 | $5,101 | $6,777 |
Total Monthly Payment | $5,653 | $6,230 | $7,906 |
* 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.