You have been looking for months. As you know inventory is at its lowest level in years. What you are seeing just doesn’t flip the switch for you. Any offers you have submitted came with “Well, we will need to redo this room or add on here” The best way to get just what you want is to build. Here is your chance. A brand new construction in Alton, these plans, or you can work with the builder to draft your own. Alton is a highly desirable town. Great location, great schools, great tax rate. Approximately 1. 1 acres to build your dream home, only a few minutes outside of downtown Alton. The builder has a home plan ready, 3 bedrooms, 3 separate bathrooms, Just under 2000 square feet, 2 car garage. This is what most everyone wants, isn’t it? If you get in on the build early, you will have the chance to pick out some of the finishes. This builder is very accommodating. Only your imagination is limiting what a dream home you can have. This builder has built numerous homes in town. He’s a local guy that will custom tailor whatever your hopes and dreams are into reality. The sooner you get together with the builder, the sooner the plan will come together, the sooner you will be unlocking the door to your new dream home. Call us to make an appointment to see this fabulous lot, meet the builder and take off on the journey of your dreams. It can happen!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Insurance Division:
$550,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,002 | $2,964 | $3,773 |
Total Monthly Payment | $3,094 | $3,056 | $3,865 |
* 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.