NEW CONSTRUCTION, Luxurious home in the exclusive Lilac Ridge subdivision! High end finishes throughout this home, coffered ceiling with lighted crown in the family room, large sunroom with custom ceiling woodwork and lighted crown looking out to the large private backyard, the perfect setting for a pool. Enormous deck with post lights for entertaining! Custom built cabinetry throughout this home, Thermador appliance package including built in refrigerator and freezer, speed oven and range. Butler's pantry with sink and beverage fridge. Island with storage on both sides over 9. 5 feet! Allowance for tile backsplash Office with custom built in. Basement wet bar with 10. 5 ft long island. Basement has 12' ceilings and endless possibilities, 2500 sq ft of finished space with full bath! Sound system. LVP being installed. Lots of windows, slider walking out to a covered waterproof area prepped for an outdoor kitchen. Beautiful first floor guest suite with private bath. Each bedroom has it's own bath with custom tile shower or tub and a walk-in closet. The private primary suite has a spa like dream bath with high ceilings with woodwork and plantation shutters. Fireplace in the bedroom with a tray ceiling. Enormous walk-in closet. Second floor laundry room. Large bonus room over the garage. Public water! No wells or water issues! Generac generator installed. Gorgeous setting for this one-of-a-kind dream home! Quick close possible.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,316,000 | $2,316,000 | $2,316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,150 | $14,449 | $19,388 |
Total Monthly Payment | $13,275 | $14,574 | $19,513 |
* 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.