Experience the all-new Kelsey Brook 62+ community in Northwood. This cutting-edge ENERGY STAR-certified neighborhood, offering open concept layout, huge walkout basement and a 2-car garage with loft storage. Step into your new home and feel the spaciousness of the one-floor living space designed for maximum comfort. With a southern exposure, your private deck will be bathed in sunlight, perfect for your morning coffee or evening relaxation. Entertain effortlessly in the open-concept layout, ideal for hosting friends and family. Two bedrooms provide ample space for relaxation and privacy, and your private driveway ensures convenient maintained parking at all times. Customize your living space with optional upgrades like a finished basement, additional space over the garage, a screened-in deck, and various material choices. The community clubhouse, complete with a fieldstone fireplace and kitchen, is perfect for neighborly gatherings or attending community events. Northwood offers miles of scenic walking trails right in town, while shopping is just 5 minutes away. Discover the beauty of Northwood and the welcoming community of Kelsey Brook. Enjoy peace of mind and a sense of belonging in this exceptional community. This is model Unit that already has many upgrades
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $475,920 | $475,920 | $475,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,166 | $3,126 | $4,014 |
Total Monthly Payment | $3,258 | $3,218 | $4,106 |
* 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.