Great Rotonda Lakes Canal lot for sale! This property has public utilities with water and sewer available. There are tons of restaurants, shopping, beaches, fishing and much more all with in a short drive! Not to mention this lot is located in a golfing community with a few courses all within a short golf cart ride. Plus with Florida being a golfing destination, there are some of the areas and the country's top golf courses all within driving distance! The Port Charlotte town center is a few miles away along with many strip malls for shopping and dining. A few of the areas best beaches, Boca Grande and Englewood are about a 10-15 minute drive away. The Port Charlotte Sports Complex which hosts the Tampa Bay Rays during Spring Training and the Charlotte Stone Crabs baseball seasons, for the avid sports fans! This property is about 30 minutes from I75 which provides easy interstate access North and South throughout the state. With many new homes being built around this area, don't miss your opportunity to purchase this property today!
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $26,800 | $26,800 | $26,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $178 | $178 | $226 |
Total Monthly Payment | $253 | $253 | $301 |
* 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.