This absolutely stunning Old Palm Beach style custom estate designed by Tom Kirchhoff and featured in Architectural Digest is in outstanding condition on one of the most desirable north end streets with direct beach and Lake Trail street access. Meticulous and thoughtful, its many details include well scaled rooms, ultra high ceilings, downstairs primary suite with dual baths and bay window overlooking the lush gardens by Mario Nievera. Its free flowing floor plan includes an open kitchen, breakfast and family room, formal dining room, library, two amazing outdoor loggias, gracious two story foyer, beautiful millwork and pecky cypress. This is one of the most serene properties with a fabulous pool and spa to relax and enjoy everything harmonious for wonderful indoor/outdoor living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$19,500,000
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 | $15,600,000 | $15,600,000 | $15,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $8,014 | $8,014 | $8,014 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $99,889 | $99,889 | $136,967 |
Total Monthly Payment | $108,028 | $108,028 | $145,106 |
* 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.