The new Palmetto plan by Riverside Homes in Crosswinds at Nocatee is NOW STARTED!! Just a short walk to Pine Island Academy, this open floor plan offers you and your guests a WOW with a soaring 2-story and open loft overlooking the grand Great Room and dining area. The home has plenty of space with 4 bedrooms, 3. 5 bath, a 2 car garage, the open loft, and a study, all perfect for the Nocatee lifestyle. The structural options include additional windows in the family room and kitchen along with 12' sliders flooding the downstairs with light. The 8' coastal 2 panel doors, downstairs Owner's Suite with tray ceiling, Extra wall of cabinets in Kitchen, tray ceilings in Loft, Sitting Room in Owner's Suite, are all features that are distinctively Riverside Homes. The Chef's Kitchen has double ovens, 36' gas cooktop, microwave drawer and wired for double pendant lights at island. Still time to pick your own design center options. Floor plan in documents.
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William Raveis Mortgage, LLC
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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 | $559,920 | $559,920 | $559,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,725 | $3,721 | $4,801 |
Total Monthly Payment | $3,817 | $3,813 | $4,893 |
* 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.