Award Winning David Smalls French Country inspired plan was designed specifically for this site at the Residences at the Bedford Village Inn. This exclusive, gated, lifestyle enclave of only 9 homes on Grand Avenue is a unique community adjacent to the Bedford Village Inn and designed for owners to be able to enjoy carefree living plus enjoy the amenities of a pool, fitness center, airport shuttle, concierge, outdoor gathering space and more. To be built by a local custom builder, the home includes luxurious living and open spaces for large entertaining as well as a cozier den and private 1st floor Primary suite. Easy one level main living but with Elevator access to other floors so no stairs. Generous allowances plus Smart Home Technology included. All the amenities and finishes you would expect in a high-end custom build, plus the ability to design specific to your taste and requirements. Other home sites still available with other designs and pricing options as well, but only 6 lots still available. Most convenient location in Bedford near shopping, highways and great dining. Serviced by town water, sewer and natural gas. The Residences at BVI require one occupant to be 55+. This lifestyle community is a great opportunity for those seeking an easy, carefree living throughout the year, but also presents an opportunity for multi-generational living as well.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,960,000 | $2,960,000 | $2,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,225 | $19,693 | $26,193 |
Total Monthly Payment | $18,350 | $19,818 | $26,318 |
* 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.