One or more photo(s) has been virtually staged. Under Construction. The builder is offering buyers up to $20, 000 towards closing costs with the use of a preferred lender and title company. Located off Happy Hill Rd, Summit View showcases new homes in Dade City. With its increased elevation, this upcoming community will boast views of rolling hills in the area and surround your new home with a quaint, charming feel. Summit View is nestled in just the right spot to provide distance from the hustle and bustle of busy Wesley Chapel, but not too far to enjoy growing city amenities and convenience. You’ll be just 25 minutes from endless shopping, dining, and entertainment options such as the Tampa Outlets, Wiregrass Mall, KRATE, The Grove, and much more. Being only 13 minutes from I-75, this community provides easy access to Downtown Tampa, St. Pete, and Clearwater with just a quick trip to the interstate. Choosing Summit View means settling down in a quiet community yet having countless things to do at your fingertips. Not only are there shops and dining, but Saint Leo University is just 7 minutes away, providing sports entertainment and a nearby university for furthering education. The University of South Florida is only a 40-minute drive via I-75 from the area as well. Each home is constructed with all concrete block construction on 1st and 2nd stories and D. R. Horton’s Smart Home System. Other inventory options may be available in this community. Please reach out for list of availability. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information, including pricing, included features, terms, availability, and amenities, are subject to change and prior sale at any time without notice or obligation. Materials may vary based on availability. D. R. Horton Reserves all Rights.
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William Raveis Mortgage, LLC
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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 | $295,992 | $295,992 | $295,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,920 | $1,895 | $2,458 |
Total Monthly Payment | $1,995 | $1,970 | $2,533 |
* 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.