Presented byDori DeGennaro |
Presenting the Old Lyme model! This 4, 015 sq ft TO BE BUILT colonial plan is perfection! This house has so many of today's must haves starting with a 2 story foyer, creating an grand entrance. Should you enter through the garage, you will walk through the mudroom with ship lap walls. The main living space on the first floor is a true open concept layout, from the spacious Eat in Kitchen into the Family Room with a triple window to let in natural light. The main level also offers a formal dining room with picture frame molding, formal living room, a home office with french doors and a half bath. Additionally, there is a second stair case off the Family room. The upper level features a Master Bedroom suite with a large sitting room and a gorgeous full bath with a double vanity, separate shower and free standing tub. Completing the 2nd floor are 2 other bedrooms, a full bath and laundry room. A special feature of this home is the 2nd floor Guest Suite that would serve well for company, in laws or for a family member needing a private space, as it has it's own full bath. Last but not least, who doesn't love a 3 car garage?
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Wall/Wall Carpet | 13.0 x 15.0 | Upper |
Bedroom 2 | Walk-In Closet,Wall/Wall Carpet | 12.0 x 13.0 | Upper |
Bedroom 3 | Full Bath,Wall/Wall Carpet | 18.0 x 19.0 | Upper |
Den | Wall/Wall Carpet | 15.0 x 18.0 | Upper |
Dining Room | 9 ft+ Ceilings,Hardwood Floor | 13.0 x 16.0 | Main |
Family Room | 9 ft+ Ceilings,Fireplace,Hardwood Floor | 15.0 x 28.0 | Main |
Kitchen | 9 ft+ Ceilings,Granite Counters,Hardwood Floor,Island,Pantry,Sliders | 13.0 x 18.0 | Main |
Living Room | 9 ft+ Ceilings,Hardwood Floor | 12.0 x 17.0 | Main |
Office | 9 ft+ Ceilings,French Doors,Hardwood Floor | 12.0 x 14.0 | Main |
Primary BR Suite | Double-Sink,Full Bath,Hardwood Floor,Tile Floor,Walk-In Closet | 15.0 x 19.0 | Upper |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,280,000 | $1,280,000 | $1,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,268 | $7,986 | $10,715 |
Total Monthly Payment | $7,393 | $8,111 | $10,840 |
* 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.