One or more photo(s) has been virtually staged. Under Construction. Beautiful new construction home! Luxury Plank Vinyl flooring throughout all living and common areas, tile in bathrooms, and carpet in the bedrooms. Open floor plan with dining area and eat-in kitchen, all done in neutral, pleasing colors. Inside laundry with W & D hook-ups. Walk-in closet in Master bedroom and large vanity with double sinks in master bath. Stainless steel appliance package in the kitchen. This home will have white shaker-style cabinets and light luxury granite countertops. This home is expected to be completed early June 2025. Please see attached documents from Builder (Builders Contract Addendum & Warranty) Actual photos are currently unavailable. Any photos depicted are for illustration purposes only and only to show layout. Floor plan displayed is our standard plan and garage orientation may vary on actual home. Interior and exterior colors, finishes, and garage orientation will vary for actual home. Information is deemed correct, but no guarantee made. The home is under construction. Expected completion date is an estimate only. Any dimensions listed are approximate.
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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 | $208,000 | $208,000 | $208,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $11 | $11 | $11 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,366 | $1,366 | $1,741 |
Total Monthly Payment | $1,452 | $1,452 | $1,827 |
* 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.