New Build, check out this amazing Modern Farmhouse Style Ranch, to be complete by December 2024! With three bedrooms and two baths, this cozy ranch is perfect for one-floor living. The open concept kitchen, dining room, and living room are filled with natural light and feature vaulted ceilings, stylish granite countertops, shaker style cabinets, pantry, stainless steel appliances and a kitchen island/breakfast bar. Dining room with a glass sliding door which leads to the back deck, overlooking your backyard. The primary bedroom includes a walk-in closet and a 3/4 bath, while the two additional bedrooms and full bath provide plenty of space for everyone. Plus, there's a separate laundry room for added convenience. Situated on a generous 1 acre lot in Northfield, this home offers the best of both worlds - a peaceful country setting with amazing views with easy access to I93 for commuting, shopping, and more. Don't miss out on this rare opportunity to own a brand-new home with the potential for additional living space in the full unfinished basement. And let's not forget the two-car garage with direct entry! Get ready to embrace the charm of modern farmhouse living! *Pictures are a facsimile; some pictures may include some upgrades. *
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,822 | $479,822 | $479,822 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,192 | $3,189 | $4,114 |
Total Monthly Payment | $3,284 | $3,281 | $4,206 |
* 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.