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This former MODEL HOME built by Landon Homes is in the highly sought-after Arbor Mill Community, a natural gas community. This home is chocked full of upgrades from a custom fireplace to coffered ceilings to a tongue-and-groove accent wall. In addition to the builder upgrades, two closets have been redesigned by California Closets to maximize storage space and a custom butler's pantry was added in the kitchen to keep the kitchen organized and clutter-free. A three-year old whole house generator ensures peace-of-mind. The outside of this home is a private oasis - there is no neighbor behind and there is a view of the lake and forest beyond. Cozy up by your outdoor fireplace with water feature or enjoy a meal on the screened porch. Arbor Mill's amenities are hard to beat, especially in a non-CDD neighborhood. Arbor Mill offers miles of walking path, a stunning lake-front pool, family picnic area with summer kitchen, a tennis court, a multi-purpose sports field, access to onsite boat and RV storage, a playground, and a dog park. Welcome home to Arbor Mill!
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Our Executive Mortgage Banker:
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$699,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
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Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $311 | $311 | $311 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,767 | $3,717 | $4,795 |
Total Monthly Payment | $4,169 | $4,119 | $5,197 |
* 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.