5. 99% FIXED RATE FOR FHA BUYERS thru Preferred lender! Located near Lake Eva, this modern-style new construction home exemplifies luxury living at an affordable price! With 2020SQFT of living space, including four spacious bedrooms and three elegant bathrooms, it offers ample space for both relaxation and entertainment. The open concept features a modernized kitchen, complete with custom plywood box cabinets with 42'' uppers. No particle board cabinets in this home. Samsung stainless steel appliances, large kitchen island, highlighted with Quartz countertops. The master suite boasts an upscale bathroom, with double sinks, custom fixtures, and a standalone shower with fiberglass showers. Each additional bedroom is generously sized, ideal for guests or a home office. Other features are wood-like tile throughout(NO CARPET!), custom fixtures and recessed LED lighting, storm shutters, tray ceilings, double pane windows, R30 Insulation, hurricane-rated garage door, and a large patio for outdoor gatherings. Builder warranty provided at closing. **Virtually stage photos**
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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 | $275,992 | $275,992 | $275,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $35 | $35 | $35 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,836 | $1,813 | $2,310 |
Total Monthly Payment | $1,946 | $1,923 | $2,420 |
* 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.