Welcome to The Oaks at Midway! Be among the first to tour this brand-new, farmhouse-inspired ranch home, now available in the final phase of this sought-after community. With its award-winning floor plan and modern rustic exterior, The Oaks at Midway offers a perfect blend of classic charm and contemporary design. The Riverain model is ideal for first-time buyers, those looking to downsize, or anyone in search of a thoughtfully designed, open-concept living space. As you step inside, you’ll be welcomed by elegant arched doorways leading from the foyer to a spacious gallery, and into the heart of the home—a bright and inviting living area. The kitchen is a chef’s delight, featuring tons of cabinet space and a large island, offering ample room for meal prep, storage, and gathering. The kitchen opens up to the breakfast area and family room, creating a seamless flow that's perfect for entertaining. The owner's suite is tucked away at the back of the home for privacy and boasts multiple closets, providing all the storage you could need. Two additional bedrooms share a full bath, making this layout both functional and comfortable for families or guests. With tons of upgrades already included and a competitive price, this home offers incredible value in an almost sold-out community. Be sure to schedule your tour today and experience this newly constructed gem for yourself!
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Our Executive Mortgage Banker:
Our Insurance Division:
$366,900
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 | $293,520 | $293,520 | $293,520 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,953 | $1,951 | $2,475 |
Total Monthly Payment | $2,028 | $2,026 | $2,550 |
* 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.