Brand new home being built in new home development! Some lots to choose from remaining! Colonial style home with over 2000 sq ft of space featuring 3 bedrooms, 3 baths and open bright modern concept. Home features combination kitchen and dining layout with 9' ceilings and center island with large slider to exterior & lightly wooded private yard with full walkout basement. Well designed family room and floor plan offers 3 large bedrooms and full bath on one side of home and a primary en-suite on other side of home making floor plan scaled correctly. Other misc features include a 2 car garage, plenty of storage and ability to customize. Home will take 4-6 months to construct. Please note - photos of the home shown are of same home builder recently built. This home is a to be built home and individual color choices will be selected by buyer.
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Bedroom 2 | Upper | |
Dining Room | Combination Liv/Din Rm,Hardwood Floor | Main |
Great Room | 9 ft+ Ceilings,Vaulted Ceiling,Dining Area,Hardwood Floor | Main |
Kitchen | 9 ft+ Ceilings,Granite Counters,Island,Sliders,Hardwood Floor | Main |
Primary BR Suite | Full Bath,Walk-In Closet | Upper |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $208 | $208 | $208 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,689 | $2,653 | $3,367 |
Total Monthly Payment | $2,972 | $2,936 | $3,650 |
* 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.