**Home is currently Under Construction with a tentative completion date of August 2024. ** Located about 1 block from Amelia Islands shoreline, making it a quick walk to the beach through the private community beach access path. The home is centrally located convenient to all of the islands restaurants and shopping within 10 mins or less in each direction! This home will boast Mohawk LVP floors throughout, 8' solid core doors, Silestone Quartz countertops, LG appliances along with a counter depth refrigerator, 10' ceilings downstairs, 9' upstairs with cathedral ceiling in the primary's bedroom, and full Hardieboard exterior with shaker accents. Beautiful live oak trees surround the perimeter of this lot that sits high and dry. One side of the lot has 24' of extra lot space from the property line, so there is potential to add a first floor master, mother-in-law suite or a detached garage. Call agent today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$589,700
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 | $471,760 | $471,760 | $471,760 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,218 | $3,135 | $3,978 |
Total Monthly Payment | $3,310 | $3,227 | $4,070 |
* 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.