Under Construction. Welcome to the Rutland, a meticulously crafted townhome at an affordable price! The Rutland includes 1, 691 square feet, 3 bedrooms, 2. 5 bathrooms, and a 2-car, rear-load, detached garage. When entering the home from the front, you and your guests will enter the foyer and immediately are wowed by the openness. With a large front window for natural light and your line of sight from the great room through the kitchen to the dining space, this space feels even bigger. The kitchen is complemented with ample countertop space and cabinets. The island is perfect for snacks on the go and meal prep. The dining space is just steps away, making serving meals a breeze all while overlooking your private courtyard. You have both a laundry room that easily closes off from the main hub of the home and a convenient powder room for your guests. An under-the-stairs storage closet is perfect for seasonal decorations and extra luggage. When you arrive home for the day drop your keys, mail, and bag in the key drop by the garage door. Head up the flight of stairs when you’re ready to call it a night. Up here, you have 2 large bedrooms, a hall bathroom, and a linen closet. The owner’s suite has a walk-in closet and an en-suite bath with a dual-sink vanity and large shower. This home is built with features that meet the ENERGY STAR® 3. 1 home building requirements and is third-party verified for energy efficiency. In addition, the Rutland is backed by M/I Homes' 10-Year Transferable Structural Warranty. Contact us today before it’s gone!
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Our Executive Mortgage Banker:
Our Insurance Division:
$389,410
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 | $311,528 | $311,528 | $311,528 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.625% | 7.375% | 6.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.157% | 7.548% | 6.760% |
Monthly Tax Payment | $22 | $22 | $22 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,205 | $2,152 | $2,712 |
Total Monthly Payment | $2,302 | $2,249 | $2,809 |
* 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.