This flexible Jackson plan checks all the boxes on your new home wish list! There’s a bright, open living space with family room, kitchen and breakfast area all flowing together in one happy, informal space. The gourmet kitchen has stainless wall oven and separate Gas cook top, huge center island wrapped in shiplap, a spacious walk-in pantry and white cabinets with quartz countertops. There’s formal dining plus a study with double doors on each side of the foyer. Tucked away in a quiet back corner, there’s a 15’x12’ bedroom with adjacent full bath – perfect for guest quarters, an in-law suite, a second home office or whatever! Upstairs you’ll find two bedrooms with walk-in closets and a shared bath, plus the laundry. The owners’ suite is well separated from the other two upstairs bedrooms, and includes a free standing tub and separate tile shower, double vanity spaces with Quartz countertops and an enormous walk-in closet. The rocking chair front porch spans the entire front of the house, and the covered back porch overlooks the back yard of this . 70 homesite. Under construction, with completion in End of March. Come visit this and other new homes at this great neighborhood of 27 Large homesites in the Wren School District – Arbor Woods! Refer to Lot #8
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
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 | $426,988 | $426,988 | $426,988 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,805 | $2,805 | $3,574 |
Total Monthly Payment | $2,897 | $2,897 | $3,666 |
* 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.