Hilltop Estates is a 44 Acre Residential Community featuring 20 Exclusive Luxury Homesites with lot sizes ranging from . 75 Acres to 1. 18 Acres. A 22 Acre Permanent Open Space Reserve owned and maintained by the HOA surrounds the residential lots and will remain perpetually undeveloped. Hilltop Estates offers a tranquil country lifestyle with the convenience of nearby suburban amenities. With easy access to SR 429/Wekiva Parkway and minutes from downtown Apopka and Mount Dora, Hilltop Estates is a great location to facilitate your local transportation needs and long-distance trips as well. Build your Custom Dream Home with one of our select Approved Builders in this Luxury Estate Community. Hegstrom Custom Homes, Kevco Builders, Inc. and West Construction Services, Inc. are the exclusive Builders for this Lot. Buyer(s) must begin construction within one year after closing date. Deed restrictions require a minimum home construction of 2400 sq. ft. under air; does not include porches or garages. Onsite septic, private well and home fire suppression system installation is required. Visit our website for additional information at www. hilltopestates. info
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Our Executive Mortgage Banker:
Our Insurance Division:
$215,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
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 | $172,000 | $172,000 | $172,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,116 | $1,101 | $1,428 |
Total Monthly Payment | $1,191 | $1,176 | $1,503 |
* 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.