This Magnolia plan offer 4 bedrooms. . . 2. 5 tiled baths a first floor home office. . . AND a 436 square foot bonus room on the 2nd floor!. . . . nice open flow from the quartz kitchen to the fireplaced family room! quartz breakfast bar AND breakfast table area AND formal dining room with sophisticated standard moldings. . . crown throughout the first floor AND primary suite/bath come standard here! first floor 3 1/4 natural red oak hardwood flooring AND 2nd floor hallway. . . 436 sq. ft. bonus offers excellent 2nd floor living options!. . . this particular home also features a walk out daylight basement with 2 double windows AND slider to grade. . . abutting much open space for nice privacy set within a neighborhood!. . . these well-built 2x6 exterior wall homes are set on ACRE+ lots surrounded by 45+ acres of open space within THE OAKS AT HOPE FURNACE. . . several models to choose from. . . assessment and taxes are to be determined. . . . June occupancy for this house!. . SOLD before print. . . . (Pictures are from a previously built Magnolia)
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Our Executive Mortgage Banker:
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$875,045
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,036 | $700,036 | $700,036 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,920 | $4,253 | $5,766 |
Total Monthly Payment | $4,012 | $4,345 | $5,858 |
* 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.