Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Under Construction. ***BRAND NEW CONSTRUCTION***, move in ready on June 1st, 2024. Save thousands a year with the freedom of NO MONTHLY HOA fees in this community. From an experienced builder, this farmhouse beauty is perfect for first time home buyers who are interested in modern tones and luxury finishes. With beautiful granite countertops and ceramic tile flooring throughout, this 3 bedroom 2 bathroom split floor plan home has energy efficient impact windows, doors, and sliders on nearly a 1/4 acre lot and a wide 2 car concrete driveway. The covered front and back porches will be excellent opportunities for entertaining friends and enjoying BBQ's. Perfect location for raising a family and staying safe and protected during hurricane season. Schedule your showing today and secure your contract on your next home today. *Photos are visuals from past projects which are the exact same floor plans and finishes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$289,999
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 | $231,999 | $231,999 | $231,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $21 | $21 | $21 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,602 | $1,542 | $1,989 |
Total Monthly Payment | $1,698 | $1,638 | $2,085 |
* 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.