The Billington at Equestrian Estates - Beautiful 4-5 bedroom, 3. 5 bath home with attached 3 car garage in western Cranston build by Meridian Custom Homes. Nestled on 2 acres in the newly developed Equestrian Estates, this property offers elusive privacy, and has a custom designed wrap-around front porch with columns and stone accents. The Billington has a spacious, open layout offering beautifully naturally lit rooms with 9' ceilings, a master suite with oversized walk-in closet and private spa bath (includes his & her sinks, freestanding tub, & expansive tile shower). The master bedroom includes a reading alcove with oversized windows, and next to it is great room with cathedral ceilings and a wood burning fireplace with marble surround, custom built mantle and custom built-ins. The large open kitchen offers 42" kitchen wall cabinets with glass doors and an expansive island for dining and entertaining, a naturally lit breakfast area, crown molding throughout the main living area. There is also a large rear deck for entertaining, architectural roof shingles, Harvey windows, and the list goes on. Call to set up an appointment to meet with the builder and discuss more!
Disclaimer: Photos are of previously built homes and may depict additional features not included herein
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,079,600 | $1,079,600 | $1,079,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,300 | $6,824 | $9,110 |
Total Monthly Payment | $6,425 | $6,949 | $9,235 |
* 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.