Under Construction - Another beautiful Cali single-family home is Available in Palmetto Landing, D R Horton’s newest community in Babcock Ranch! The Cali features 4 bedrooms, 2 baths, and a 2-car garage. This home features a very nicely appointed spacious kitchen with 42-inch cabinets adorned with crown molding, beautiful quartz countertops, backsplash, and undercabinet lighting. The kitchen features plenty of cabinet space with a large walk-in pantry that opens into both the eating area and the great room. Other features include 8-foot doors, upgraded base and casing, gas range, dryer, and natural gas tankless water heater. Did we mention the impact glass standard? Don’t miss out, come see the Cali at Palmetto Landing!
Palmetto Landing will feature a beautiful amenity center with a resort style pool, lap lanes, fitness room, card/billiard room, and kitchen/common room for residents and the community is gated!
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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 | $275,999 | $275,999 | $275,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,836 | $1,834 | $2,328 |
Total Monthly Payment | $1,911 | $1,909 | $2,403 |
* 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.