Pre-Construction. To be built. Construction financing available with AS LOW AS 5% DOWN with our preferred lender and ask about possible rate buy-downs to lower your payment. The 2400 Model by Wettermann Homes features an open floor plan, quartz countertops, 42" upper slow close cabinets with additional stacked upper cabinets for extra storage, slow close cabinet drawers, tile backsplash, floor to ceiling tile in all bathroom tub and showers, 10’ ceilings, 5-1/4 crown molding throughout living, kitchen, and master bedroom, 5-1/4 base molding, choice of flooring throughout, custom closet organizing system in his and her master walk-in closets as well as guest room closets, 16 SEER high efficiency variable speed HVAC system, masonry core fill insulation, Energy Star stainless steel appliances, Energy Star vinyl insulated Low-E windows, energy efficient LED lights throughout, water filtration system, epoxied garage floor, Wi-Fi-enabled garage door & thermostat, choice of landscape concepts, and full paver driveway.
Buyer will be able to select cabinets, flooring, countertops, paint colors, and bath tile. Pictures are of a previous build and are for reference only.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $32 | $32 | $32 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,006 | $3,908 | $4,934 |
Total Monthly Payment | $4,130 | $4,032 | $5,058 |
* 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.