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Under Construction. ADAMS HOMES HAS DROPPED THE BASE PRICE OF THEIR DEEP CREEK INVENTORY BY $50K SO THIS HOME IS PRICED RIGHT FOR TODAYS MARKET!! We like to call this model The Entertainer because of it's open floor plan which allows families to come together and enjoy some quality family time. A 21'x10' covered lanai out back will allow for lots of back yard BBQ's and family memories. 4 bedrooms and 3 bathrooms provide lots of space for everyone in the family. A Jack & Jill Bathroom permits multiple living scenarios. An in-law or teen could have their own private living space with two rooms connected by their own private bathroom. Quality features like ceramic wood look tile throughout the entire home, granite counter tops and soft close shaker cabinets in the bathrooms and kitchen, high ceilings, oversized double paned windows that provide efficiency, sun protection and lots of natural light. Irrigation system, in wall pest control system, 5 1/4" baseboards, recessed LED lighting with receptacles pre-wired for fan of your choice. Builder 1/2/10 year warranty. DEEP CREEK IS A DEED RESTRICTED COMMUNITY WITH NO CDD FEES AND REASONABLE HOA FEES OF ONLY $210/YEAR!! PLUS, ALL HOMES ARE SERVICED BY CITY WATER & SEWER. Community amenities include a Marc McCumber designed Public Golf Couse with optional memberships available, a basketball, tennis & pickleball courts and a playground. There are a few local shops in the community to keep your errands close, and there are two nearby ramps onto I75. Kings Highway and Harborview exits provide easy access to either Ft Myers or Sarasota. ASK ABOUT FLEX CASH INCENTIVES TO BUY DOWN YOUR RATE!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $307,760 | $307,760 | $307,760 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | $69 | $69 | $69 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,747 | $1,870 | $2,494 |
| Total Monthly Payment | $1,891 | $2,014 | $2,638 |
* 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.