Under Construction. Introducing Prairie Oaks, Cardel Homes' newest single-family home community off Narcoossee Road. This community offers a relaxed lifestyle while providing convenient access to daily necessities, entertainment, and activities for all ages. Prairie Oaks is strategically located near SR417, SR528, US-192, and the Florida Turnpike, ensuring easy connectivity. The thoughtfully designed floor plans in this community cater to modern living, featuring open layouts that create a seamless flow throughout the home. Enjoy contemporary finishes, including 9. 5-foot ceilings, upgraded 42-inch upper cabinets with crown molding, paver driveways, and more. This particular home boasts a Coastal elevation with 4 bedrooms and 2 full baths. A triple-panel sliding glass door in the great room opens to a spacious covered lanai, ideal for outdoor relaxation. With its prime location and the refined designer series of floor plans, Prairie Oaks stands as the premier new community in St. Cloud. Please see the attached document for a detailed floor plan and color scheme. Note that photos are of a similar model and may differ from the actual floor plan.
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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 | $429,904 | $429,904 | $429,904 |
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 | $87 | $87 | $87 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,860 | $2,857 | $3,686 |
Total Monthly Payment | $3,039 | $3,036 | $3,865 |
* 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.