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Under Construction. Great opportunity to own a beautiful quality built and affordable brand-new home before the end of 2024! This brand-new home will feature desirable amenities such as a stylish paver driveway, energy-efficient storm impact windows, a pre-wired generator plug connecting the electrical panel to the exterior, lofty 10-foot ceilings, elegant quartz stone countertops, sturdy wood shaker cabinets, and hardwood-style tile flooring throughout. It represents the ideal blend of style and functionality. When it comes to purchasing a home, trust and quality are paramount. Mardon Construction, the reputable builder of this property, has an excellent reputation. They are ranked in the top 5% of Florida's licensed contractors by BuildZoom, reflecting their commitment to quality and craftsmanship. The Builder’s Incentive Program offers a $10, 000 saving opportunity. Collaborating with the preferred lender and title company can make the buying process more cost-effective and efficient. The $10, 000 Builder’s Incentive Program is subject to the following conditions: The buyer must utilize the builder-recommended preferred lender and title closing company to be eligible for the incentives. We understand that you may have further questions or require more information. Please feel free to reach out for additional assistance or to verify important details that will inform your purchasing decision. Our goal is to ensure a smooth and enjoyable homebuying experience.
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Our Executive Mortgage Banker:
Our Insurance Division:
$374,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $299,920 | $299,920 | $299,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.295% | 6.644% |
Monthly Tax Payment | $72 | $72 | $72 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,021 | $2,021 | $2,592 |
Total Monthly Payment | $2,168 | $2,168 | $2,739 |
* 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.