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NEW CONSTRUCTION! 1 mile from North Beach in Hampton! Brand new construction. The Sir Zach plan features a spacious open flow living space and open concept dining area with four bedrooms & 2 baths on the 2nd level. Hardwood flooring throughout all living areas inclusive of Primary bedroom and 2nd floor hallway, high ceilings, and cozy natural gas fireplace frame the living area which flows effortlessly into the four-season room off the back of the home, with plenty of natural light and wooded views. Custom wrap around kitchen with large island seating area with quartz countertops throughout. Large primary suite on the 2nd floor has two walk-in closets, and a large bath with full shower consisting of exquisite porcelain slab walls and a beautiful mosaic tile floor, double vanity again with quartz countertop. Laundry room and a second bathroom also on the upper floor. Great storage space and closets throughout the home. Two car garage and full basement. Enjoy sipping coffee on your front farmers porch, or an evening cocktail on the back deck/patio. Many upgrades and extras added to this plan; it truly needs to be seen to be appreciated! Professionally landscaped lot. photos of similar homes.
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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 | $1,199,920 | $1,199,920 | $1,199,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,907 | $7,683 | $10,207 |
Total Monthly Payment | $7,032 | $7,808 | $10,332 |
* 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.