One or more photo(s) has been virtually staged. NEW CONSTURCTION IN GRASSLANDS . . . AND READY FOR IMMEDIATE OCCUPANCY. The open floorplan of this Aruba plan by Rutenberg Homes features a massive great room / kitchen / dining space combo with ceiling heights up to 12", architectural details, 8' high stacking sliders, crown molding in common areas and more. This 3-bedroom 3 bath plan also features a spacious den/office/flex room overlooking the backyard and pond beyond. The kitchen features a large central quartz topped island, flat panel matte finish cabinets, a hidden walk-in pantry, natural gas cooktop plus built-in oven & microwave. The laundry room is spacious enough for the larger front loading residential washer and dryer sets. Full brick paver driveway, walkway, front entry and rear patio/lanai. And the backyard will still accommodate a pool or spa with ease. Sidewalks throughout the community make "taking a walk" pleasurable and a great way to meet the neighbors. All tucked behind the gates of the Grasslands Golf & Country Club (use of club owned facilities requires additional fees - check with club management for further information. ) Convenient to shopping, dining, medical facilities, community owned recreational facilities and major transportation corridors via the Polk County Parkway.
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Our Executive Mortgage Banker:
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$1,200,000
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 | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $225 | $225 | $225 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,227 | $6,147 | $8,429 |
Total Monthly Payment | $6,577 | $6,497 | $8,779 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.