Beautiful new one-level home on . 75 acre homesite, Arbor Woods is 27 homesite community in the desired school Wren Schools. The covered back porch looks out to the level rear yard with a view of tall trees beyond. The entire open-design plan is filled with sunshine from walls of windows. Hardwoods flow throughout the main living area's and bedrooms. The kitchen is truly the heart of this home with a large center island for everyone together around. 42" cabinetry with soft-close doors, pull-out trash cabinet, Quartz countertops, ceramic tile backsplash, and a large walk-in pantry are highlights of the cook's kitchen. And the split bedroom design gives everyone their privacy. There's gas heat, tankless gas water, and a gas cooking cooktop in your gourmet kitchen. Under construction, with completion toward April 25 Come visit this and other new homes at Arbor Woods -off Hwy 81 in Powdersville, large-homesite, luxury home community!
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NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $398,532 | $398,532 | $398,532 |
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 | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,618 | $2,618 | $3,336 |
Total Monthly Payment | $2,693 | $2,693 | $3,411 |
* 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.