A 3, 000 SQ FT Custom Built architect designed one of a kind home on a 9, 000 SQ FT lot. It has a 20 Ft Cathedral Foyer, 4 BR, 2. 5 Baths, Primary Bedroom suite , eik, 2 Zone CAC, 2 Zone Gas Heat, 12 " Poured Reinforced Concrete Foundation, 12 "solid Masonry wall in foyer, Solid oak stairs, Pitched Flat roof, Home built with Large wood Joists, Furnace is 12 years old, Hw tank is 4 years old, One of the CAC compressors is 4 months old, central vacuum, Primary Bedroom is large and has attached office room. This is in a prime area of Woodmere. With appropriate permitting a lateral extension approximately 1400 Sq Ft , with additional bathrooms , on two levels can be constructed adding significant living space to existing home. Additional information: Appearance: Very Good, Separate Hotwater Heater: yes
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William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,343,200 | $1,343,200 | $1,343,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $1,181 | $1,181 | $1,181 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,946 | $8,601 | $11,426 |
Total Monthly Payment | $9,252 | $9,907 | $12,732 |
* 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.