Under Construction. NEW CONSTRUCTION WITH WARRANTY! ** Estimated Completion - December / January ** Upon stepping inside the Sanibel, you're welcomed with a large open living space ideal for gathering. The kitchen boasts a freestanding island overlooking the dining and living areas that are under a vaulted ceiling. The living room has sliding doors that open to the covered lanai, creating the perfect indoor-outdoor entertaining. The split floor plan creates secluded wings for two guestrooms with a shared bath, and the primary suite on the other side that features a large walk-in closet and a well-appointed bathroom with linen closet and shower. The front porch offers even more outdoor living with plenty of space for welcoming guests, plus a seating area for a chair or two. This home is complete with a stainless steel range, microwave, and dishwasher, an attached two-car garage, hurricane-impact windows and doors, plus an upgraded paver driveway. Photos are of completed property, colors and finishes may vary.
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Our Executive Mortgage Banker:
Our Insurance Division:
$304,990
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 | $243,992 | $243,992 | $243,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $115 | $115 | $115 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,623 | $1,622 | $2,058 |
Total Monthly Payment | $1,813 | $1,812 | $2,248 |
* 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.