Under Construction. Brand NEW Construction PRIVATE LOT - NO HOA. Amazing One of Five new homes being built w/ NO HOA. . . Enjoy living in Sanford with this Brand New (3) Bed (2) Bath. Home features: Luxury Wood Vinyl Planks which are beautiful and the new standard in resilient flooring. Paver driveway, walk, and front porch. Two Car Garage w/ Opener. Quartz Counters, 42 wood cabinets, Eat- in, single level, stone surface island in kitchen with sink. Stainless steel appliances. Large sliding door and high windows. Home includes Pre-wired cable to a Central box inside the home for internet / TV. 9'4 ceilings. Excellent Seminole County, Magnet elementary, middle and high school(s), with IB programs. Sanford is HOT and there aren't many new construction homes. Ride your golf-cart to Downtown Sanford to enjoy sunset on Lake Monroe, shopping and world class brewery's and dining. This home won't last. (Pictures of similar home / same Model) Home complete and available Dec 1st.
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Our Executive Mortgage Banker:
Our Insurance Division:
$385,000
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 | $308,000 | $308,000 | $308,000 |
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 | $17 | $17 | $17 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,101 | $2,047 | $2,597 |
Total Monthly Payment | $2,193 | $2,139 | $2,689 |
* 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.