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Introducing our new American Dream Series homes. The Annapolis a 3 bedroom 2 bath ranch home. Featuring tile floors in bathrooms and laundry, laminate floors in all living areas, white cabinets, granite countertops, subway tile backsplash, stainless steel appliances. As you enter this home you will have a nice sized laundry that can serve as a mudroom from the garage as well and an open foyer with coat closet. The kitchen is open to both the dining room and living room as well. The two bedrooms in the front of the home are spacious and across the hall from the second bath. The owners suite is located separate and in the back of the home. It features a nice sized walk in closet. Home includes a covered back porch. Estimated completion date is Jan 2026
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$308,525
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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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 | $246,820 | $246,820 | $246,820 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.533% | 6.533% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,440 | $1,540 | $2,000 |
| Total Monthly Payment | $1,515 | $1,615 | $2,075 |
* 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.