NEW CONSTRUCTION - To Be Built -This Jewel Box home plan from MacKenzie Brothers at The Pinehills showcases expert craftsmanship, top-shelf materials, and high-end finishes, proving that bigger isn’t always better. While petite in comparison to super-sized “McMansions, ” these sparkling custom homes feature all of the amenities and special features that custom homeowners demand, without wasted space. The demand for jewel box home designs has increased in recent years; so much so that The Pinehills dedicated an entire neighborhood to the concept. The homebuilder, MacKenzie Brothers, has always kept eyes and ears open for ideas that might appeal to future clients. In this case, they found inspiration from homebuyers seeking a more streamlined living experience, with the highest quality in a more manageable, lower-maintenance footprint. "They desire smaller homes and single-floor living, without having to sacrifice the high-end finishes typically found in larger-scale homes. ” Perfection!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,460,160 | $1,460,160 | $1,460,160 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,176 | $8,990 | $12,125 |
Total Monthly Payment | $8,301 | $9,115 | $12,250 |
* 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.