Presented byTrevor Johnson |
Welcome to 622 Mead Street in the Bronx. The first floor and basement units have been completely gut-renovated from top to bottom with all new flooring, kitchens with new appliances, and bathrooms. The photos speak for themselves! There was a complete electrical upgrade to 100 amp. Plumbing and sewer lines are all new. All 3 floors have Navien tankless water heater units. The basement is a three bedroom, one bathroom unit, and the garden level is a four bedroom, two bathroom unit. Close on this house soon so you can enjoy summer in this great backyard. Top floor is a four bedroom, 2 bathroom unit. House will be delivered totally vacant. Email today and ask me to send the virtual tour.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
Broker Associate
William Raveis Real Estate
Phone: 239.898.9391
Trevor.Johnson@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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
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% | 7.014% | 6.915% |
Monthly Tax Payment | $513 | $513 | $513 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,418 | $5,781 | $7,787 |
Total Monthly Payment | $6,056 | $6,419 | $8,425 |
* 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.