**OPEN HOUSE! Sunday 11/9, from 12pm-2pm!** Custom-built, craftsman-colonial, nestled on a serene 1. 2-acre lot in the heart of Barrington! Designed by TW Designs & built by Whitcher Builders, this stunning new construction home features a 2-car garage, covered front corner porch & back deck, a great place to sit & unwind! Inside, the second floor boasts three spacious bedrooms, including a luxurious primary ensuite with a walk-in closet & private bathroom. You'll also find convenient 2nd floor laundry room & an additional full bath. The first floor offers a dedicated office space, ideal for remote work, quiet study area, mudroom or large pantry! Beautiful gas fireplace in the open-concept living room provides stunning ambiance. Energy-efficient windows throughout, complemented by FHA gas heating system w/ central cooling to keep you comfortable. Located just minutes from Richardson Pond & beautiful walking trails, Swains Lake & great local shopping. You'll have quick access to essential amenities, major routes, and the highly regarded Barrington school system, with a choice of excellent high schools. This is more than just a houseāit's a place you'll be proud to call home. Don't miss the opportunity to make it yours! (Agent is realted to Seller)
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$699,000
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,767 | $3,674 | $4,716 |
Total Monthly Payment | $3,859 | $3,766 | $4,808 |
* 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.