The popular Ellery Floor plan will be offered in the next phase. Set on a picturesque property, this 75 single family home community boasts an open space design with common greens and permanent buffers. Located within walking distance of the TPC River Highlands Golf Club, River Highlands State Park and the Connecticut River, and just a short 5-mile drive to Middletown's vibrant restaurant scene. Commutes to Hartford and New Haven are made easy and all local schools are within 2 miles of Arbor Meadows. Arbor Meadows is a By Carrier community, known for superior craftsmanship, quality, energy efficiency and an industry-leading 5-year warranty. By Carrier is locally and family-owned, building in Connecticut for 50 years. Photos used may depict upgrades and additional features not included in the base price.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | 12.0 x 13.6 | Upper | |
Bedroom 2 | 11.9 x 15.6 | Upper | |
Dining Room | 9 ft+ Ceilings,Hardwood Floor,Sliders | 12.6 x 15.0 | Main |
Family Room | 9 ft+ Ceilings,Beams,Fireplace,Hardwood Floor | 16.0 x 17.0 | Main |
Kitchen | 9 ft+ Ceilings,Granite Counters,Island | 13.6 x 13.6 | Main |
Other | Laundry Hookup | Upper | |
Primary Bedroom | Full Bath,Walk-In Closet,Wall/Wall Carpet | 17.0 x 16.0 | Upper |
Study | 9 ft+ Ceilings,Hardwood Floor | 11.0 x 13.6 | Main |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,120 | $559,120 | $559,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,720 | $3,716 | $4,794 |
Total Monthly Payment | $3,812 | $3,808 | $4,886 |
* 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.