The long-awaited Emerson Ridge at Janetos Farm in Dover has finally launched! This gorgeous pastoral farmland setting will house 11 single family homes amid 34. 5 acres of gently rolling hills. We are excited to introduce “Rivalen Classic with Wing”. This home will draw you in with its architecturally rich elements from its beautiful façade and long, covered porch w/ natural columns to the interior tray and vaulted ceilings. This expansive home of just over 3150 finished square feet offers buyers a 1st floor Primary Suite and a 2nd floor Junior Suite as well as ample room for privacy and guests throughout, including a bonus room or 4th bedroom over the garage and a dedicated office on the main living level. Outdoor living space abounds with a screened porch and lavish 35-foot deck where enjoying the outdoors becomes daily! Revel in the gorgeous selections already curated for this spectacular home including custom tile shower in the Primary ensuite, tiled guest bath surround, quartz countertops, enlarged kitchen island, custom built-ins flanking the gas fireplace, designer lighting, upgraded insulation package and Energy Star Certification. This Quick Delivery Home is already underway and could be yours soon! Come see “The Chinburg Difference”, we love what we do!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,204,000 | $1,204,000 | $1,204,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,931 | $7,610 | $10,160 |
Total Monthly Payment | $7,056 | $7,735 | $10,285 |
* 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.