Under Construction. The “Madison” Home is a BRAND-NEW CONSTRUCTION. This unit is a five-bedroom, three-bath, two-car garage two-story home. This is a prime location which offers a wide range of shopping opportunities, fine and casual dining, and a host of parks and the beautiful Atlantic Ocean that satisfy all recreational interests.
Standard interior features include recessed lighting throughout, granite countertops with backsplash, stainless steel appliances, 8-foot ceilings, and vinyl plank flooring.
Standard exterior features include stone skirting, front door keypad entry, sliding doors to the rear patio, and a complete landscaping package.
This unit has a third-party 2/10 Warranty which includes coverage for any defects in applicable systems for two years and structural defects are covered for ten years. No HOA fees and residents love how quiet the neighborhood is as well as its great outdoor recreational activities. Come see the beautiful city of Palm Coast today. NOTE: Photos may not be of the actual unit due to the home being under construction and the approximate completion date is Oct/Nov 2023.
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Our Executive Mortgage Banker:
Our Insurance Division:
$324,990
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $259,992 | $259,992 | $259,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.273% | 5.248% |
Monthly Tax Payment | $67 | $67 | $67 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,580 | $1,580 | $2,055 |
Total Monthly Payment | $1,722 | $1,722 | $2,197 |
* 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.