Under Construction. August-September 2024 Occupancy!! Builder Incentive!! Flex Cash of $5, 000 towards closings costs, pre-paids, or rate buy down with the use of a preferred lender and preferred title. New Construction 3 bed 2 bath home. Zone X so no flood insurance required. Concrete block home. One story home with an open floor plan perfect for cooking in the Kitchen while Entertaining your family and friends. Large Master bedroom and Walk in Closet! Enjoy an open kitchen with shaker-style cabinets, Stainless Steel appliances (microwave, dishwasher, range), pantry, and a countertop bar to the gathering room. The living area, laundry room, and baths include luxury wood vinyl plank flooring. Your owner's suite is complete with a walk-in wardrobe closet and a private in-suite bath. Plus enjoy a 2-car garage, architectural shingles, energy-efficient insulation and windows, and a builder warranty. Please note that virtual tour/photos showcase the home layout and colors and design options although actual home for sale may differ and may not be exact depiction of this home listed. Furnishings and decor do not convey with home. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change at any time without notice or obligation.
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,900
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 | $239,920 | $239,920 | $239,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $55 | $55 | $55 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,596 | $1,595 | $2,023 |
Total Monthly Payment | $1,726 | $1,725 | $2,153 |
* 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.