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Beautiful near new home in Prescott Point. The Fieldstone is the largest floor plan in this coastal community with over 2, 100 SF of living space. You will love the versatility this home has to offer. As you enter there is a den and powder room to your right. The floor plan opens from there to a crisp white kitchen, with stainless appliances, center island with globe pendant lighting, quartz counters, a matching backsplash and a walk-in pantry. The dining and living areas have 11' ceilings and two walls of windows, flooding the home with natural light. This exceptional layout offers two owner's suites. The first-floor primary suite offers a custom tile bath with a glass enclosed shower and double vanity plus a large walk-in closet. There is an adjacent first-floor laundry for added convenience. Up to the second level is a second owner's suite with a private bath with handsome tile reflecting its coastal charm. A guest room, third full bath and second floor laundry make this home the perfect fit for families of all shapes and sizes. Down to the lower level is an unfinished basement with a full walk-out, allowing for customization and future expansion. Off the main living level is a generous deck with views of the natural landscape. The amenities continue with a new community clubhouse with a built-in pool opening just in time for summer. All just minutes from shopping, restaurants and Downtown Newport is just 15 minutes away! Just move in!
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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 | $679,200 | $679,200 | $679,200 |
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% | 6.727% | 6.309% |
Monthly Tax Payment | $701 | $701 | $701 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,856 | $4,349 | $5,777 |
Total Monthly Payment | $4,649 | $5,142 | $6,570 |
* 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.