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Originally Posted by RyanDe
Thanks. Ideally sandy bottom and we're okay with a fixer upper but with kids we want to swim and boat.
The monthly payments are not the issue it's the DP, we have enough for $500k but if we want more we'll have to wait another year or two to save more thus the question. We're debating island but with kids that might not be the best option right now and instead my get a nicer/larger place on a smaller lake. So many options. 
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I think your idea to look at other lakes is a good one. You definitely pay a premium to be on Winnipesaukee. Might want to look at water access communities as well. I am helping my friend look at properties. He's got a pretty big budget and is struggling to find good options for him. Really kind of surprised me.