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To-be-built new construction in one of Somers' most desirable neighborhoods, offering the rare opportunity to create a home tailored to your lifestyle without the compromises of resale. Enjoy the peace of mind that comes with brand new construction - energy efficiency, modern systems, low maintenance, and the ability to personalize finishes, layout details, and upgrades to your taste. Built by a reputable, hands-on builder known for quality craftsmanship and a smooth, transparent process. The building experience is streamlined and well-supported, making the path to your new home straightforward and enjoyable. Thoughtfully designed open floor plan features a spacious kitchen flowing into the main living areas, ideal for both everyday living and entertaining. Flexible bonus room provides the option for a home office, additional bedroom, playroom, or fitness space - adaptable to your needs now and in the future. Set within an established, attractive neighborhood setting with a strong sense of community, while still offering privacy and room to grow. Financing options available, including construction-to-permanent loans with as little as 5% down for buyers who meet lender qualifications - making new construction more accessible than many realize. - making new construction more accessible than many realize. Build new, build smart, and make this home truly your own.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$699,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $559,920 | $559,920 | $559,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $184 | $184 | $184 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,448 | $3,535 | $4,650 |
| Total Monthly Payment | $3,724 | $3,811 | $4,926 |
* 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.