Under Construction. ICI Homes’ Santorini is a masterfully appointed two-story home that embodies elegance and functionality, making it the perfect choice for those seeking spacious living with a touch of luxury in Laureate Park’s newest phase. Located on a corner homesite, this stunning home features a spacious first floor primary suite, three additionally generously sized bedrooms, and 3. 5 bathrooms. The first floor features a flex room tailored to your lifestyle needs, whether as a home office, den, or creative space. Deluxe kitchen is complimented with a built-in oven, cooktop, stainless steel hood and microwave. The living room has soaring open-to-below ceilings and windows that allow for great natural light. Upstairs, the game room offers a dedicated space for entertainment and relaxation with access to the upstairs balcony overlooking community park space. Designer interior finishes include 8-foot doors, 5 ¼” baseboards, high-quality Kohler plumbing fixtures, 42” cabinets with under cabinet lighting, quartz countertops, and GE stainless steel appliances. Energy saving features include an AO Smith hybrid hot water heater and Low E Windows to help save on energy costs. This home is situated in the highly desirable Laureate Park at Lake Nona, with convenient access to shopping, dining, entertainment, and Orlando International Airport. The community offers a range of amenities including an aquatic center, fitness facilities, tennis and basketball courts, dog parks, playgrounds, and walking/biking trails, along with 1 Gig of high fiber internet. Estimated completion Dec 2024. *Sample photos used of model home and not actual home.
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $737,782 | $737,782 | $737,782 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.258% | 6.201% |
Monthly Tax Payment | $249 | $249 | $249 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,483 | $4,483 | $6,226 |
Total Monthly Payment | $4,824 | $4,824 | $6,567 |
* 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.