Exquisite New Construction to be built with time to customize! Modern Farmhouse, Ready to move in by Fall 2025, Elwood School District. Stunning Colonial featuring 4 Bedrooms, 3 Full Bathrooms & Powder Room. Living Room with Gas Fireplace, Glass Sliders to Back Patio and Formal Dining Room for Entertaining. Craftsmanship abounds in your Dream Kitchen with Forevermark Wood Cabinets, Quartz or Granite Counters, Stainless Steel Appliances conveniently located next to the Laundry Room/Mud Room. Primary En-suite on Main Level, featuring a Double Vanity, Glass Shower, Bathtub, Walk-in Closet. 3 Additional Bedrooms with 2 Full Bathrooms Upstairs. Two-zone Central AC, Two-zone Gas Heat. Custom Built home with 30 Year Architectural Shingle Roof, Certainteed MainStreet Vinyl Siding, Solid Oak Floors, Two-Panel Doors, Crown Mouldings on Main Level, High Hats throughout. Unfinished Basement with generous 9' Ceilings. 2 Car Garage with Carriage Style Door & Liftmaster Openers. Some Features in Pictures are in Addition to Base Building price, Additional Upgrades available through Builder. Construction Loan Preferred. Model Available to show. Real Estate Taxes are Estimated until CO is issued.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $1,500 | $1,500 | $1,500 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,147 | $6,654 | $8,840 |
Total Monthly Payment | $7,772 | $8,279 | $10,465 |
* 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.