Bright new construction to be completed by end of summer 2024. Natural light abounds in the large 2-story entrance foyer which opens to the dining and living rooms. The large Chef's Kitchen w/JEM cabinets, premium appliances and quartz countertops is open to the Family Room w/fpl and wall of sliding doors to a 43' patio and level backyard. Additionally, there is a library/home office, a kids study/2nd home office, mudroom w/lots of storage, butler's and food pantry and 2 half bathrooms! Upstairs is the owner's bedroom w/tray ceiling and 2 generous walk-in closets, a marble spa bath w/2 sinks, soaking tub and separate shower. Each of the 3 bedrooms has its own walk-in closet and bathroom, a windowed laundry room, a 485 sq. ft. playroom w/endless possibilities. The lower level has a bedroom and bath and lots of finished space. Quality features include: European high eff. aluminum windows, foam insulation and much more. Ceiling height: 10' first floor, 9' on 2nd floor and lower level. Additional Information: Amenities: Marble Bath, ParkingFeatures: 2 Car Attached, Appliances: Wine Refrigerator, ConstructionDescription: HardiPlank Type,
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,550,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,640,000 | $3,640,000 | $3,640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $8 | $8 | $8 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,383 | $22,117 | $29,984 |
Total Monthly Payment | $20,516 | $22,250 | $30,117 |
* 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.