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Presented by
Janice McGrath-O'Brien |
NEW CONSTRUCTION at Laurentide Glen. The Somerset is a beautiful new colonial home on a level lot, ideally located on the east side of the cul-de-sec. This property offers usable lawn area, in a secluded neighborhood, perfect for outdoor living, entertaining and everyday enjoyment. The covered front porch leads to a large entry foyer open to the second floor, giving this home the grand entrance, it deserves. Nine-foot first floor ceilings combined with an open floor plan create a spacious living area with a mud room and half bath as you enter from the garage. A first-floor room can be utilized as a work-from-home office or formal dining room to suit your desires. The second floor features a large master suite with walk-in closet and private bath, 2 more bedrooms, another full bath and laundry room. Home comes complete with hardwood floors throughout and tile flooring in the bathrooms. Includes central air, gas fireplace and a front load 2-car garage. Kitchen features granite countertops and a stainless-steel appliance package and an optional peninsula/breakfast bar. Finishes in these photos are optional.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Hardwood Floor | 11.0 x 12.0 | Upper |
| Bedroom 2 | Hardwood Floor | 11.0 x 12.0 | Upper |
| Family Room | 9 ft+ Ceilings,Hardwood Floor | 18.0 x 15.0 | Main |
| Formal Dining Room | 9 ft+ Ceilings,Hardwood Floor | 14.0 x 9.0 | Main |
| Kitchen | 9 ft+ Ceilings,Breakfast Bar,Hardwood Floor | 12.0 x 12.0 | Main |
| Primary Bedroom | Hardwood Floor | 20.0 x 14.0 | Upper |
| Study | 9 ft+ Ceilings,Hardwood Floor | 13.0 x 12.0 | Main |
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William Raveis Mortgage, LLC
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $455,920 | $455,920 | $455,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.345% | 6.533% | 5.783% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,697 | $2,844 | $3,723 |
| Total Monthly Payment | $2,789 | $2,936 | $3,815 |
* 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.