UPDATE 11/25: The construction has just finished and is ready for move-in!
MOVE IN READY - CUSTOM CRAFTED 5 BEDROOM 4 BATH EXCLUSIVE SANFORD HOME: Luxury Estate Living with In-Law Suite or Rental Income. Cutting-edge custom builder is releasing a one-of-a-kind residence on a large home site in the growing Sanford area. Standard features include a spacious open design, high ceilings, a large kitchen with a bar counter that opens to the breakfast and family rooms, an extra large owner suite, beautiful custom cabinetry and fixtures, a spacious cover lanai overlooking a large back yard, 2 car garage, and NO HOA. This stunning and spacious 3, 272 SF home allows the new owner 3 Creative Living Options. 5 Bedroom 4 Bathroom luxury residence with a Huge Great Room-Game Room Combo with a full kitchen, 3 Bedroom 2 Bathroom Luxury residence with 2 Bedroom 2 Bath In-Law Suite with a separate exterior entrance, 3 Bedroom 2 Bathroom Luxury residence with 2 Bedroom 2 Bath Rental Unit or Short-term Rental with separate entrance This custom-crafted residence has been PRICED TO SELL QUICKLY
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Our Executive Mortgage Banker:
Our Insurance Division:
$694,900
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 | $555,920 | $555,920 | $555,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $58 | $58 | $58 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,840 | $3,745 | $4,729 |
Total Monthly Payment | $3,990 | $3,895 | $4,879 |
* 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.