Pre-Construction. To be built. New Construction Custom Transitional Style Home by Duane McQuillen Construction Ready February 2025!! The home sits on a privately gated acre lot near Scott Lake in South Lakeland. It features all the high-end finishes. This home has an elevated design to include a large chef-style Kitchen, 3 car garage, custom built-in mud bench, a custom entertainment center with fireplace in the Great Room, wine storage area, wood beams in the Great Room and Bonus Room, walk-in Pantry with custom wood shelving, and wood ceilings on the lanai and front porch. It includes a Study, large Bonus Room, plus 3 bedrooms, 4. 5 baths, a pool, and a firepit area. Each bedroom has its own private bathroom and walk-in closet. The Primary Suite features two large walk-in closets, and a spa-like bathroom with a free-standing bathtub that rests in front of a large walk-in shower.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,590,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,272,000 | $1,272,000 | $1,272,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
Monthly Tax Payment | $97 | $97 | $97 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,570 | $8,250 | $11,344 |
Total Monthly Payment | $8,792 | $8,472 | $11,566 |
* 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.