Under Construction. This is Adams Homes 1505 sq ft floorplan featuring a 3-car garage located off Matanzas Woods Parkway of Palm Coast on a large corner lot. High ceilings, full brick exterior and a covered lanai that extends the rear of the home are a few reasons you will love this spacious home. This floorplan is designed to enhance bright open spaces, lots of natural light. The kitchen is 36" cabinets, with crown molding and often referred to as a "Cooks Kitchen". Whirlpool appliances include dishwasher, stove, microwave and garabage disposal. Never worry about PESTS again with our built in pest control system with Taexx, Home Defense. Fullly insulated with double paned windows ensures a quiet and energy efficient home. Only $1, 000 Deposit required and majority of closing costs paid when using an approved lender. Photos are for illustrative purposes only as home is under construction. Close to schools, parks and shopping.
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Our Executive Mortgage Banker:
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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 | $275,920 | $275,920 | $275,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $49 | $49 | $49 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,721 | $1,677 | $2,181 |
Total Monthly Payment | $1,845 | $1,801 | $2,305 |
* 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.