Under Construction. MLS#TB8318031 REPRESENTATIVE PHOTOS ADDED. February Completion! Welcome to the Magnolia at Palm Wind! As you step through the front door, you're greeted by a welcoming, open view that stretches all the way through the heart of the home. The Magnolia plan offers a bright, spacious layout with an extended entertaining corridor that seamlessly connects the dining room, kitchen, and gathering room. Large sliding doors at the rear of the home open to the back patio, blending indoor and outdoor living. The kitchen is a chef's dream, with a generous prep and serve island, abundant counter space, and a roomy walk-in pantry—making it perfect for those who love to cook and entertain. Positioned centrally, the kitchen allows the chef to stay connected with guests during gatherings. Three comfortable secondary bedrooms share two well-appointed full baths, while the serene primary suite is tucked quietly at the back of the home for maximum privacy. The suite features a spacious L-shaped walk-in closet for plenty of storage, along with a beautifully designed bath complete with a large shower enclosure, dual vanity sinks, and stylish finishes throughout. Design options added include: granite countertops, all appliances, window blinds, and garage door opener.
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Our Executive Mortgage Banker:
Our Insurance Division:
$404,194
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 | $323,355 | $323,355 | $323,355 |
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 | $450 | $450 | $450 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,179 | $2,149 | $2,727 |
Total Monthly Payment | $2,704 | $2,674 | $3,252 |
* 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.