Under Construction. A cut above the rest, Laurel Bay is a NEW townhome community built by Sunrise Homes that offers a variety of affordable, spacious floor plans designed to match your lifestyle and needs! This home has a large, open living room/dining room/kitchen combination area on the first floor, great for gathering family and friends! The den/study with closet on the first floor can function as a home office or double as the 4th bedroom! Upstairs, find three spacious bedrooms and a convenient laundry, plus a bonus space for entertainment. The patio outside the living room provides an area for grilling or lounging and enjoying the backyard! The garage is roomy enough for your car or truck plus storage. Energy efficient features include a 15 SEER A/C unit with programmable thermostat and double-pane Low-e windows. This community's convenient location has easy access to US 92 and I-4, and is close to shopping, entertainment, services, and schools. Simplify your life without delay, and make Laurel Bay the place you call home today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$359,650
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 | $287,720 | $287,720 | $287,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,938 | $1,912 | $2,426 |
Total Monthly Payment | $2,013 | $1,987 | $2,501 |
* 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.