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The Wickford III is a 3, 128 sq. ft. custom 2-story home by Meridian Custom Homes offering 4 bedrooms, 2. 5 baths, and a 2-car garage. The exterior features solid clapboard siding, a welcoming front porch with columns, and standing seam metal roof accents. Flowing, open floor plan perfect for entertaining. The great room features a gas fireplace flanked by custom built-ins and leads into the spacious kitchen with custom cabinetry, granite countertops, and an oversized island. The primary suite includes a walk-in closet and luxurious spa bath with double sinks, soaking tub, and tiled shower. Many thoughtful details and finishes throughout. Choose from the few remaining lots at Sanctuary Estates located in the desirable Quidnessett neighborhood in North Kingstown close to Narragansett Bay, Quidnessett Country Club and vibrant Downtown East Greenwich. *Please note photos are of previously built homes and may depict additional features not included herein.
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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 | $1,539,600 | $1,539,600 | $1,539,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.952% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,383 | $9,231 | $12,785 |
| Total Monthly Payment | $8,508 | $9,356 | $12,910 |
* 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.