This 4 bed, 2. 5 bath Magnolia plan has 2250 square feet of living space and is more than likely the last NON bonus room plan to be built on Cassidy Trail. . . buyers here are expanding the island for a microwave cabinet and additional quartz area for the breakfast bar with a 2nd overhang offering additional seating. . . nice bright open flow here from the quartz kitchen to the fireplaced family room. . . formal dining. . . mud room area. . . half bath AND first floor private office!. . . standard features include hardwoods entire first floor and 2nd floor hallway. . . intricate formal dining molding and crown throughout the first floor living areas. . . lots of canned lights included in the kitchen. . . living room. . . . front porch AND primary suite which also features crown molding and an accent wall at the head of the bed. . . double vanity and walk in closet. . . 3 additional bedrooms and linen closets//kids bath with double vanity and convenient laundry room round out the 2nd floor living area. . . bulkheads and 200 amp electrical service also come standard here at THE OAKS AT HOPE FURNACE. . . this home is set on a corner acre plus parcel with underground utilities. . . added irrigation. . . sidewalks. . . all set within easy accessibility to all amenities. . . . assessments and taxes are to be determined.
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William Raveis Mortgage, LLC
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Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $641,139 | $641,139 | $641,139 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,319 | $4,261 | $5,407 |
Total Monthly Payment | $4,411 | $4,353 | $5,499 |
* 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.