This Ivy model to be built by Florida Lifestyle Homes is 4000 plus Square Feet, four bedroom, 5. 5 Bath with Study - estimated completion date of December 2024. The open floor plan features finely detailed ceilings including a barrel ceiling in the Study, decorative coffers in the Great Room, Foyer, Kitchen and Dining Room and coffered ceiling with beams in the Master Bedroom. Porcelain floors throughout all common areas and bathrooms. The kitchen features a double Island, Butler’s Pantry, dual dishwashers among other gourmet details. The plan features a wonderful indoor/outdoor connection to an expansive outdoor living area featuring a fireplace and Outdoor Kitchen. The luxurious pool and spa with water feature complete the ultimate package of Florida Living. Every part is exquisite with Florida Lifestyle Homes’ quality and attention to detail, but there is still time to choose all your finishes! Price is subject to change and will reflect final selections.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,799,200 | $2,799,200 | $2,799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.864% | 6.725% |
Monthly Tax Payment | $262 | $262 | $262 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,924 | $18,156 | $24,384 |
Total Monthly Payment | $18,311 | $18,543 | $24,771 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.