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Discover the opportunity to create your dream home in Old Lyme with this to-be-built farmhouse-style residence. Envision a blend of timeless design and modern amenities, all tailored to your personal taste and lifestyle. This custom-designed home promises to offer a spacious and open floor plan, perfect for both comfortable family living and elegant entertaining. The proposed design includes a welcoming wrap around porch that epitomizes the classic farmhouse aesthetic, inviting you into a world of rustic charm infused with contemporary elements. The main level is planned to feature a chefs kitchen and generous living area that connects to the dining space, ensuring a cohesive flow throughout the home. With three bedrooms envisioned, each will offer comfort, style, and privacy. The primary suite will offer a luxurious retreat, complete with a spa-like en-suite bathroom and a spacious walk-in closet. Located on a country road, come see all that Old Lyme has to offer. Builder is Dave Tetlow of Tetlow Homes!
Type | Level |
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Bedroom 1 | Upper |
Bedroom 2 | Upper |
Dining Room | Main |
Kitchen | Main |
Living Room | Main |
Primary Bedroom | Upper |
Study | Upper |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
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Loan Amount | $695,200 | $695,200 | $695,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.486% | 6.307% |
Monthly Tax Payment | $164 | $164 | $164 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,057 | $4,337 | $5,914 |
Total Monthly Payment | $4,313 | $4,593 | $6,170 |
* 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.