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5. 5% Conventional 30-year fixed loan program offered on this home for primary residences! This beautiful coastal inspired home with main level primary bedroom is nearing completion for a July delivery! This home is packed with upgrades. Kitchen is outfitted with ceiling height double stacked cabinets , quartz counters, Kohler ceramic farm sink, under cabinet lighting and gourmet appliances including a 36'' gas cooktop and hood that vents to exterior. Solid surface flooring throughout main level, primary bedroom, loft and 2nd floor hallway. All bathrooms have tiled shower walls/floors, quartz counters and undermount sinks. The Stono is a fantastic plan with space where you need it! Main floor primary suite features a LARGE walk in closet. The 2nd floor has 3 generously sizedbedrooms, large shared bath and a loft space for additional TV/Gaming/playroom/office etc. . . . . Need storage? The entire ground level is 1300 sqft of garage space! Screened porch and ground level patio give you the outdoor entertaining space!
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Our Executive Mortgage Banker:
$729,990
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
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 | $583,992 | $583,992 | $583,992 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,498 | $3,643 | $4,811 |
| Total Monthly Payment | $3,590 | $3,735 | $4,903 |
* 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.