New Home being built! This home will be finished in September of 2023. There are several plans to choose from and some homesites left. This home is being built on homesite 7 -Customizations available. Home will take 9-10 months to complete. Model on homesite 1 available to tour. Home plan features 4-5 beds & 3 baths. Home features extra deep two car garage attached garage with storage area, large foyer leading into open floor plan- expansive kitchen w/ large center island abutting dining space and large living room filled plenty of natural light. Primary Bedroom offers walk in closet with full bath and large tiled shower. (Master bath and certain features can be altered to buyers needs/wants) NO COST choice of hardwood flooring in main living areas, 5" baseboard trim throughout, painted kitchen shaker style cabinetry, choice of granite countertops for kitchen and baths, kitchen appliance allowance package, comfort height toilets, crown molding in select areas, exterior flood lights, underground utilities, generous allowance for flooring, lighting, and masonry, LED overhead lighting, choice of interior paint colors** HIGH Efficient natural gas heating, tankless hot water heater, city water and sewer, foundation waterproofing. Home comes with builder warranty.
Type | Description | Level |
---|---|---|
Bedroom 1 | 9 ft+ Ceilings | Upper |
Bedroom 2 | 9 ft+ Ceilings | Upper |
Bedroom 3 | Main | |
Dining Room | 9 ft+ Ceilings | Main |
Kitchen | 9 ft+ Ceilings,Combination Liv/Din Rm,Hardwood Floor,Island,Pantry,Quartz Counters | Main |
Living Room | 9 ft+ Ceilings | Main |
Primary Bedroom | 9 ft+ Ceilings,Full Bath,Walk-In Closet | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $551,600 | $551,600 | $551,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,670 | $3,666 | $4,730 |
Total Monthly Payment | $3,762 | $3,758 | $4,822 |
* 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.