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Elegant Oceana Ranch Plan with Rec Room & Premium Upgrades This spacious Oceana Ranch Plan offers 2, 015 sq. ft. of well-designed main-level living, plus a huge upstairs recreation room perfect for entertaining, a home theater, or play area. Thoughtful architectural details include a stone-accented front elevation and added glass panels on the garage door, enhancing both style and natural light. Inside, the gourmet kitchen boasts upgraded appliances, abundant counter space, and designer finishes. The owner’s suite features a beautiful trey ceiling, offering a touch of elegance and height. A practical drop zone with bench and cubbies near the entry keeps your home organized and tidy. Cozy up around the gas fireplace in the open living area, or head outdoors to enjoy the covered back porch with an extended patio, ideal for year-round entertaining. This home combines upscale features and functional design to fit today's lifestyle.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $339,974 | $339,974 | $339,974 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,149 | $2,233 | $2,846 |
Total Monthly Payment | $2,224 | $2,308 | $2,921 |
* 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.