Under Construction. The Brookhaven is one of M/I Homes’ most desired home designs! This open concept, 3, 035 sq. ft. single-story home with 4 Bedrooms, 3 baths, 3 car garage, split-bedroom design, makes this home an entertainer’s delight. As you enter, you will experience a sense of arrival and will immediately notice the panoramic view of the living areas. The beautiful chef’s kitchen with 42-inch linen cabinets, cast iron farmhouse sink, is sure to please the cooks in the family. The high 11' 4” ceilings create a much more spacious feel to the family and dining room with plenty of natural light. The family room has a wall of 8ft. sliders that lead out to the massive, covered lanai, a great shady retreat for the backyard, with more than enough space for an outdoor kitchen or living room. The owner's suite is a retreat of its own, with plenty of room for large bedroom sets or to create a relaxing sitting area. The en-suite bathroom has a garden tub , and there are also separate sink vanities, which are perfect for those busy mornings and add to the luxuriousness of the home. The owner's suite also has two large walk-in closets and a separate linen closet, offering plenty of storage space. The secondary rooms are located on the opposite side of the home. 2 of the bedrooms share a Jack-and-Jill bathroom. A large hall linen closet and pool bath are perfect for those days spent outdoors, as the bath leads directly out to the lanai. These are just some of the features that make this home a family favorite! The Brookhaven FL is an ENERGY STAR® 3. 1 Certified Home and is backed by M/I Homes’ 10-Year Transferable Structural Warranty. Contact us to learn more about making this brand new Oviedo home yours today! Below market interest rate available on select home with use of builder lender, see a sales associate for details, must close by Dec 31, 2024.
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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 | $638,392 | $638,392 | $638,392 |
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 | $770 | $770 | $770 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,301 | $4,243 | $5,384 |
Total Monthly Payment | $5,163 | $5,105 | $6,246 |
* 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.