[su_tabs][su_tab title=”Dover Village”]Dover, MA. A private developer, Dover Village, LLC and officials of the Town of Dover have collaborated to provide this affordable housing opportunity in Dover. The development will have 4 single family homes of which 1 unit is designated as affordable and will be sold to first time homebuyers with incomes at or below 80% of the area median income.
Dover Village is located off County Street (Route 109) in Dover, MA. The home will have 3 Bedrooms, 2 ½ Baths and a two car garage. The homes will have private water and private septic systems.
The affordable Single Family Homes will be sold at the initial sales price of $227,100. It is estimated that the total monthly cost of your mortgage payment including Principal, Interest, Real Estate Taxes, Private Mortgage Insurance (PMI), Hazard Insurance will be approximate $1,525 for the 3 bedroom homes. This assumes a 30 year fixed rate mortgage at current rates with a 3% down payment. You cannot rely on this estimated amount, this is only an estimate. Your actual mortgage payment may be different based on the actual interest rate and other factors. You should verify your actual mortgage payment with you lender and or accountant. This monthly mortgage payment is pre-tax and does not include the tax advantage of home ownership. To determine your net expense post tax you should consult with your accountant or tax advisor.
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