This stunning lake view home is within walking distance to the Alton Town Center and features 5 bedrooms, 4 full and 2 half baths. Open-concept living with Great Room and Island Kitchen offers easy entertainment flowing to the large outdoor covered patio. This home includes an oversized lot, fenced yard, custom pavers and water views from many rooms. The Kitchen is designed with white cabinets, crown moulding and LED under-cabinet lighting with Cambria Quartz countertops and 36'' gas cooktop with hood and double ovens. Additional conveniences include full home water filtration, electronic window treatments and built in closets throughout. The main home offers 3 Bedroooms and a loft upstairs with a private ensuite 4th bedroom on the first level with lake views.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,798,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,438,400 | $1,438,400 | $1,438,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $1,785 | $1,785 | $1,785 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,210 | $9,210 | $12,629 |
Total Monthly Payment | $11,120 | $11,120 | $14,539 |
* 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.