LAND FOR SALE -- Just what you have been waiting for! This is your chance to build your dream home in Wayland! These plans are ZBA-approved. The scope of the approved plans offers three plus bedrooms, three full baths, one-half bath, a two-car garage, and a walkout basement. The lot consists of over 11, 326 sq ft. The approved plans have 2, 870 sq ft of living space over the first and second levels. Fully finishing the basement and walkup attic would bring the total square footage to almost 5, 000. Please find the plans, approval decision, and site plan attached. Builder tie-in is available for a custom home. This opportunity will not last! The current property is occupied. Please do not disrupt the owners. The sale is an assignment of an existing purchase and sale agreement or is contingent upon the pending buyer taking ownership of the property.
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,867 | $3,721 | $4,722 |
Total Monthly Payment | $3,959 | $3,813 | $4,814 |
* 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.