Under Construction. This magnificent newly built home is nearly complete and is situated in the vibrant North Port area, close to the intersections of I-75 and 41, providing effortless commutes for residents. With 1835 square feet of living space, the home offers 3 bedrooms, plus a study or den area providing ample room for you, your family, and guests to live comfortably. Built by Adams Homes, this property boasts a range of impressive features including 30-year mildew-resistant shingles, stylish architectural design, updated window styles, stain-resistant carpeting, brushed nickel door and bathroom hardware, 5 1/4" decorative baseboards, 5 panel doors with lever handles, designer LED recessed lighting, 36" upper cabinets with crown molding, granite counters, stainless steel appliances, double-paned insulated tilt-in sash windows and much more. The property also comes with a 10-year structural warranty. The seller is willing to cover a majority of the closing costs when using one of their preferred lenders. ~ Prices are subject to change without notice. ~ Subject to errors and omissions ~
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Our Executive Mortgage Banker:
Our Insurance Division:
$362,230
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
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 | $289,784 | $289,784 | $289,784 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $45 | $45 | $45 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,928 | $1,926 | $2,444 |
Total Monthly Payment | $2,048 | $2,046 | $2,564 |
* 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.