Meet the modified "Felicia Frances" This well thought-out floor plan features a first floor master suite with a large ensuite with tile shower and double sinks as well as a walk-in closet. Need to work from home? Escape to your first floor office and shut the doors for full privacy. The oversized Living/Dining room has a gas fireplace and vaulted ceilings. A bright and sunny sunroom is right off the main living space and overlooks your tranquil backyard. There is plenty of space in the L shaped kitchen with a full pantry. Upstairs are 2 additional bedrooms and a finished bonus room over the 2 car garage. This home has all the quality finishes that you have come to expect from StoneArch Development. Features include central AC, granite countertops, paver front walkway, tile shower surround in primary suite and much more!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $784,315 | $784,315 | $784,315 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,829 | $5,152 | $6,940 |
Total Monthly Payment | $4,921 | $5,244 | $7,032 |
* 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.