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Presented by
Margaret Harvey |
It is rare to find a home on the private enclave of Fairway Island in Palm Beach Polo & Country Club available let alone one this outstanding. This water front 6 bedroom 6. 5 bath home on 1/2 an acre with in-law suite has it all. Stunning 260 degree water views from almost every room with privacy and spectacular sunsets. This is truly a family compound ready to welcome extended families and guest. A sprawling floor plan with large entertainment areas inside & out. There is. also an In-law suite withe easy access. Large heated pool with extended patio and spectacular views. Whole house generator too! Truly a Must See Property!
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,975,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 631.433.1382
Margaret.Harvey@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $5,580,000 | $5,580,000 | $5,580,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.278% | 6.121% | 6.038% |
| Monthly Tax Payment | $4,699 | $4,699 | $4,699 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $32,122 | $33,455 | $46,711 |
| Total Monthly Payment | $36,946 | $38,279 | $51,535 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.