ALL NEW 3/BED HOME in acclaimed IMPERIAL POINT, one of the few subdivisions w/sidewalks, street lights, and only a mile to the famous LAUDERDALE-BY-THE SEA BEACH. NO PET RESTRICTIONS. NO RENTAL RESTRICTIONS. NO HOA. ALL new landscaping with trees, bushes, sod, and a circular driveway. One car garage. Nearly 2300 sft of OPEN CONCEPT has been completed with the finest of materials and the latest design. As you enter, your eyes are immediately drawn across the XL Family Room and Great Room to the beautiful salt-chlorinated pool. The IMPACT WINDOWS and 5 sets of 8' sliders across the back wall of the Great Room bring the outdoors in with natural light. The lighting features high hats in all of the rooms without designated fixtures, so that you can determine how the space will be used. Still
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,048,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $838,400 | $838,400 | $838,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.141% | 6.997% |
Monthly Tax Payment | $1,015 | $1,015 | $1,015 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,648 | $5,578 | $7,419 |
Total Monthly Payment | $6,788 | $6,718 | $8,559 |
* 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.