Welcome to The Grove! Orange you ready for a vibrant lifestyle? Introducing The Pomelo, a grand floorplan inspired by the majestic Pomelo orange. This stunning MODEL home is a true masterpiece, with its impressive facade, soaring ceilings, and expansive windows that flood the interior with natural light. The Pomelo's open-concept living area is a true showstopper, perfect for entertaining and socializing both inside and out. The gourmet kitchen is a culinary dream, with ample counter space, storage, Subzero, Wolf & Asko appliances with Quartzite natural countertops. In addition, the spacious primary suite is a serene retreat, complete with a relaxing bathroom and generous walk-in closet designed by California Closets. Like the Pomelo orange, this floorplan is grand, majestic, and full of wonder. With its impressive scale and luxurious features, included as "standards, " which make The Pomelo is the perfect home for those who demand the very best.
*** This is lot 21. This lot can also accommodate larger floorplans (Delfino or Jalisco), pricing can vary depending on selection. ***
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,825,200
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 | $1,460,160 | $1,460,160 | $1,460,160 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $2,151 | $2,151 | $2,151 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,471 | $9,229 | $12,720 |
Total Monthly Payment | $11,747 | $11,505 | $14,996 |
* 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.