Don't miss out on this opportunity to own this newly constructed 3 bedroom 2. 5 bath on the Historic Eastside. The home is 1436 square feet with an Option for a detached garage. Enjoy the open space concept that combines the living room and kitchen. Stainless steel appliances will be included. Upstairs laundry room, walk in closets in the master bedroom and double vanity sinks. The Eastside is a historic neighborhood in the National Register of Historic Places. Conveniently located near Downtown, Springfield, Riverside, San Marco and many of Jacksonville's entertainment and family oriented destinations. The Emerald Trail and soon-to-be Jacksonville Armada Soccer Complex are all within arm's reach. Need down payment assistance? This home is located in the Amerischoice zone and you could receive up to $20, 000 towards downpayment, closing costs, and/or interest buy down. Expected completion date January 2025. Home warranty included.
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Our Executive Mortgage Banker:
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$359,000
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 | $287,200 | $287,200 | $287,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,959 | $1,909 | $2,463 |
Total Monthly Payment | $2,034 | $1,984 | $2,538 |
* 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.