Under Construction. This Biscayne Quick Move-In home is currently under construction and is scheduled to be complete Aug / Sep 2024! The Biscayne is a wonderful open living floorplan, while providing seclusion for the owner’s retreat and secondary bedrooms. The heart of the home is the combined grand room, gourmet kitchen and casual dining with access to the outdoor living with its large covered lanai. Further, the 12-foot ceilings in the foyer, grand room and kitchen complement the open design. The owner’s retreat features walk-in closets and a luxurious master bath with garden tub and walk-in shower. This home features Sonoma Painted Stone cabinets, Stratus Whte Corian counter-tops, Stagger WLT flooring, and more. Longmeadow at North River Ranch is a master-planned community located in Parrish, FL 34219. This highly anticipated community features resort-style amenities, extensive trails, and beautiful water views. Be in the middle of it all--Longmeadow is located just 30 minutes from downtown St. Petersburg and downtown Sarasota, 40 minutes from downtown Tampa, with convenient access to I-75, I-275, and US-301. Images shown are for illustrative purposes only and may differ from actual home. Completion date subject to change.
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Our Executive Mortgage Banker:
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$729,990
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 | $583,992 | $583,992 | $583,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $1,024 | $1,024 | $1,024 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,984 | $3,881 | $4,925 |
Total Monthly Payment | $5,100 | $4,997 | $6,041 |
* 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.