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This ASPEN build will be ready for later Summer occupancy! Only 4 LOTS remain to choose your build here at the Oaks at HOPE FURNACE!. . . close to completion ASPEN model available to show. . . . choose your finishes here within the ASPEN designed floor plan all set on a corner lot with views of open space set in the back of this 32 new home neighborhood conveniently located just over 2 miles from Coventry Town Hall. . come check out this neighborhood which offers numerous upgrades at the base price. . 3 1/4 hardwood flooring entire first floor and 2nd floor hallway // crown molding entire first floor and primary suite. . . custom formal dining room moldings. . . . fireplace. . . bulkhead. . . quartz kitchens AND drop zone areas. . . tiled Suite shower walk in closets. . . these homes all have convenient 2nd floor laundry rooms. . . Aspen build offers MANY nice features. . . come check it out! (Pictures are of previously built Aspen)
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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 | $667,920 | $667,920 | $667,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.309% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,792 | $4,277 | $5,681 |
Total Monthly Payment | $3,884 | $4,369 | $5,773 |
* 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.