Introducing "The Oakland" in Pelham's exclusive Oakland Ridge Estates, our final luxury custom-built home in a small and private cul-de-sac neighborhood. This under-construction new build is over 3400 sf and includes a first-floor primary bedroom suite, plus 3 additional bedrooms on the second-floor, and 3. 5 bathrooms total. An open-concept gourmet kitchen leads to a spacious dining area and great room, plus a dedicated office, laundry room and guest half-bath complete the first-floor. Featuring high ceilings, a 3-car garage, additional storage, and located on a beautiful wooded lot at the top of the cul-de-sac. Generous builder allowances allow you to customize this home to your personal taste and style from flooring to fixtures. No HOA. Schedule a tour or visit our weekend open houses to learn more. Visit our sales trailer and please do not disturb current residents. 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 | $999,200 | $999,200 | $999,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,831 | $6,316 | $8,432 |
Total Monthly Payment | $5,956 | $6,441 | $8,557 |
* 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.