TO BE BUILT! CONSTRUCTION HAS NOT BEGUN. BRAND NEW CONSTRUCTION will be built once home design has been approved and permits approved. Beautiful 5 bedroom 4. 5 bath modern farmhouse in sought after south Ridgefield neighborhood. New quality construction being built by a highly regarded second generation Ridgefield builder. Spacious first floor layout with eat-in kitchen, large family room with fireplace, living room and dining room. Family friendly 2nd floor layout with 5 bedrooms or 4 bedrooms with office. A large primary suite with his and her closets. Jack and Jill bathroom between 2 bedrooms. Plenty of storage space in unfinished basement. Basement can be finished for an additional cost. Great flat backyard with room for a pool. Still time to customize! Previous home has been demolished. Land has been cleared and ready to build your new dream home! Taxes will be determined upon sale of home once new construction has been completed. Previous home and original foundation have been removed from lot. New construction to be built once plans and permits have been approved.
Type | Description | Level |
---|---|---|
Jack & Jill Bath | Double-Sink,Jack & Jill Bath,Tub w/Shower | Upper |
Living Room | Main |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $569 | $569 | $569 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,650 | $8,276 | $11,115 |
Total Monthly Payment | $8,344 | $8,970 | $11,809 |
* 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.