Under Construction. This Baldwin floorplan by Hartizen Homes offers 4 bedrooms, 3. 5 bathrooms beautifully accented with a home office, complete with barn doors, loft & extended covered lanai. Privacy homesite with no rear neighbors and fabulous wooded view! The gourmet kitchen showcases a built-in oven/microwave, smooth cooktop and vent hood with soft-close cabinetry, 42” uppers, contrasting island cabinetry and quartz countertops. An adjoining Butler’s pantry is a wonderful enhancement to the kitchen with lots of storage and extra counter space! Luxury Vinyl Plank is laid throughout the first floor as well as on the staircase with 12x24 tile in 2nd floor bathrooms & laundry room. This home also features a dramatic, open baluster staircase, tray ceiling in the owner’s bedroom and a stunning freestanding tub in the owner’s bathroom. Matte black fixtures and fittings, pendant lights, under cabinet lighting and a 220v 50amp electric car charger circuit are just a few of the additions that make this home extra special. Our homes boast 9'4" ceilings on the first floor with 8' doors, while the second floor has 8'8" ceilings and 6'8" doors and gentleman height bathroom cabinetry all adding a touch of luxury that comes included! Summerlake Reserve is an intimate community of 41 homesites, nestled in a tranquil setting, with the convenience of being close to everything Horizon West has to offer, A rated schools, shopping, dining, & entertainment! DISCLAIMER: Photos and/or drawings of homes may show upgraded landscaping, elevations and optional features that may not represent the lowest priced homes in the community. Pricing, Incentives and Promotions are subject to change at anytime. Promotions cannot be combined with any other offer. Ask the Sales and Marketing Representative for details on promotions. *Elementary School: Panther Lake Elementary *Middle School: Hamlin Middle School *High School: Horizon High School
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $676,792 | $676,792 | $676,792 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,390 | $4,334 | $5,942 |
Total Monthly Payment | $4,482 | $4,426 | $6,034 |
* 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.