Open House every Saturday & Sunday 11am-1pm Any of the builders plans can be built on this lot! To be built located in Pelham's newest luxury community, Oakland Ridge estates! Located on an acre of land, this custom built 4 bedroom, 2. 5 bathroom home is an open concept dream layout. Complete with second floor laundry and a master suite with two walk in closets! Both upstairs full bathrooms feature double vanities. An attached three-car garage and full basement lend itself to future finishing or plentiful storage space. This home is in the pre construction phase so still has plenty of time for selections. Come in using our generous builders allowances and make this your dream home! DO NOT GO TO THE HOME ON BUSH HILL ROAD. THAT HOME IS OCCUPIED. Agent related to seller and has personal interest.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,144 | $4,496 | $6,096 |
Total Monthly Payment | $4,236 | $4,588 | $6,188 |
* 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.