"Welcome to the Final Phase of The Ledges @ Echo Lake!" This highly anticipated phase, featuring 12 stunning units, is scheduled for completion in Spring 2025, with availability expected around April or May. Phases 1, 2, and 3 are completely Sold Out, making this your last opportunity to secure a home in this sought-after 36 unit community. Phase 4 features a mix of 6 ranch-style units and 6 three-bedroom townhouse-style units, thoughtfully designed for modern living. Ranch-Style Highlights include an Open Floor Plan, bright and spacious living room seamlessly flows into a fully applianced kitchen with engineered vinyl flooring stylish and durable, perfect for daily living. One bedroom with walk-in closet, and laundry hookups. 1 full bath with tiled walk-in shower and central air. Don't miss this final opportunity to become part of The Ledges at Echo Lake community. Reach out to us today to schedule your appointment and learn more! Property Taxes to be Determined. Room dimensions are approximate. "AGENTS Please Do Not Send your Buyers To the Site Unrepresented. "
Type | Description | Level |
---|---|---|
Kitchen | Granite Counters,Vinyl Floor | Main |
Living Room | Vinyl Floor | Main |
Primary Bedroom | Vinyl Floor | Main |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $151,920 | $151,920 | $151,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,011 | $1,024 | $1,303 |
Total Monthly Payment | $1,086 | $1,099 | $1,378 |
* 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.