LAKE LIVING IS THE LIFE FOR ME, ON THE WATER IS WHERE I WANT TO BE LOOKING OUT TO SEE A MOUNTAIN VIEW, MAYBETHIS IS MEANT FOR YOU! LAKE LANIER IS A PRIVATE MAN MADE LAKE IN THE FOOTHILLS OF THE MOUNTAINS. AWESOMECOMMUNITY LOCATED BETWEEN TRYON AND LANDRUM. THIS HOME IS CUSTOM DESIGNED BY A VERY TALENTED ARTIST. OPEN, BRIGHT AND BEAUTIFUL, WINDOWS SITUATED TO GIVE THE BEST VIEWS OF THE WATER AND MOUNTAINS, FIRST FLOOR HASGREAT ROOM WITH UPDATED KITCHEN, 2 BEDROOMS, 2 FULL BATHS, LAUNDRY ROOM, COVERED DECK, BOAT GARAGE. LOFTHAS BUILT IN BEDS AND LOTS OF STORAGE, WHAT A TREAT TO LAY IN BED AND LOOK OUT ONTO THE WATER. SO MANY UNIQUEAND SPECIAL FEATURES IN THIS ONE OF A KIND HOME.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $549 | $549 | $549 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,665 | $4,428 | $6,364 |
Total Monthly Payment | $5,306 | $5,069 | $7,005 |
* 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.