One or more photo(s) has been virtually staged. Under Construction. CORNER LOT! Buyer's incentive of $1, 500 + 1% of loan value towards closing costs when using the Builder's lender. Come see this beautiful 3 bedroom/2 bath home that won multiple awards from Marion County Builder’s Industry Association. This new construction home features cathedral ceilings in the living room and kitchen. The master bedroom suite includes an extra-large bedroom boasting a tray ceiling, walk-in closet, and a sliding glass door leading to outside 24 x 12 screened in lanai. The custom master bathroom features a “his and hers” double vanity with granite countertop, complimenting the soft earth tone tiles in the master shower. You will also enjoy granite counters in the guest bathroom and kitchen, as well as beautiful wood cabinetry in both with self-closing drawers! The 8 ft serving counter in the kitchen is perfect for entertaining with an additional French glass door leading to the lanai. Stainless appliances and upgraded fixtures as well as Luxury Vinyl Planking throughout, come standard in our homes. Two car garage with epoxy floor finish and automatic openers are standard as well. 2-10 Home Buyers Warranty supplied by the builder gives you comfort in knowing your home is protected!! **Any photos depicted are of our model home and are for illustration purposes only. Interior and exterior colors, as well as finishes may vary for actual home. Garage orientation may also vary. **
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Our Executive Mortgage Banker:
Our Insurance Division:
$302,500
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 | $242,000 | $242,000 | $242,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $31 | $31 | $31 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,651 | $1,608 | $2,041 |
Total Monthly Payment | $1,756 | $1,713 | $2,146 |
* 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.