Farmhouse style colonial to be built on 1 of 2 lots at Lexington Court in desirable Cheshire!! Private setting but proximity to the Linear Trail system, tennis courts, grocery and highway access. Plan is fully customizable, and builder has other plans available if need be. Both lots to be walk-out basements and could support an in-law apartment if need be. **Seller is offering a mortgage rate buydown if under contract by 1/10/24!!**
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Wall/Wall Carpet | 12.0 x 13.0 | Upper |
Bedroom 2 | Walk-In Closet,Wall/Wall Carpet | 13.0 x 12.0 | Upper |
Bedroom 3 | Wall/Wall Carpet | 14.0 x 13.0 | Upper |
Dining Room | 9 ft+ Ceilings,Hardwood Floor | 14.0 x 13.0 | Lower |
Family Room | 9 ft+ Ceilings,Fireplace,Hardwood Floor | 16.0 x 19.0 | Lower |
Kitchen | 9 ft+ Ceilings,Hardwood Floor,Island | 16.0 x 18.0 | Lower |
Primary Bedroom | Wall/Wall Carpet | 17.0 x 13.0 | Upper |
Rec/Play Room | Wall/Wall Carpet | 16.0 x 15.0 | Upper |
Study | 9 ft+ Ceilings,Hardwood Floor | 14.0 x 13.0 | Lower |
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William Raveis Real Estate
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Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.605.5576
Rick.Cannavaro@raveis.com
NMLS Mortgage Loan Originator ID 89074
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $711,200 | $711,200 | $711,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,094 | $4,495 | $6,002 |
Total Monthly Payment | $4,186 | $4,587 | $6,094 |
* 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.