This home plan is a must see with 2 main floors bedrooms!! The kitchen design will be a favorite. The beautiful, leathered granite counter tops, stainless appliance pkg with gas range, and center island with built in microwave drawer flawlessly combines luxury and comfort. The kitchen's open serving bar connecting the kitchen to the large vaulted great room is a splendid feature for entertaining and staying engaged with the family. If a formal dining room isn't your style, the flex room off the foyer would make the perfect home office. Seek daily refuge to recharge in the main floor, owner's suite - featuring a trey ceiling, bay window sitting area, luxury bath with separate vanities, large full tile shower, large soaking tub and dual walk-in closets. A split floor plan offers privacy with an additional main floor bedroom and full bath. Upstairs you will find 3 bedrooms with shared access to a full bath. Enjoy your evenings relaxing on the covered, screened, back porch. Don't miss your opportunity to put the finishing touches on this new custom-built home in the desirable private/gated community of Montgomery Lake surrounded by natural beauty yet close to the city. Montgomery Lake includes a clubhouse with pool, walking trails around the serene lake and all within minutes to restaurants, shopping and nationally recognized District 6 schools including Dorman High School.
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Our Executive Mortgage Banker:
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$590,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $472,000 | $472,000 | $472,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $8 | $8 | $8 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,140 | $3,137 | $3,980 |
Total Monthly Payment | $3,240 | $3,237 | $4,080 |
* 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.