Milton Point Perfection! Do not miss this brand new house steps from school and the marina! Nestled on a quiet street this fresh and modern colonial has a classic front porch, formal living room and dining room with butlers pantry, a large chef's kitchen with custom cabinetry, top of the line appliances, separate dining area w/ doors to yard, next to the oversized family room with fireplace. The second floor boasts a primary bedroom with two large walk in closets, and spa like bath, a bedroom with private ensuite, and two more bedrooms and a hall bath. The lower level has a large recreation area, oversized laundry room, 5th bedroom/office/gym with a full bath. The backyard is flat and level perfect for entertaining on the stone patio or for playing outdoors! Now is the perfect time to customize this home and work with seasoned builder Cum Laude Group to make this your dream home!
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Our Executive Mortgage Banker:
Our Insurance Division:
William Raveis Real Estate
VP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 69957
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||6.250%||6.875%||6.750%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.481%||6.977%||6.915%|
|Monthly Tax Payment||N/A||N/A||N/A|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$12,782||$13,638||$18,371|
|Total Monthly Payment||$12,907||$13,763||$18,496|
* 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.