Gorgeous Lazio floor plan with stunning lake views. Esplanade By The Islands perpetuates the historical style and quality of developer Taylor Morrison in this newest community. This lovely neighborhood and home emphasizes gracious outdoor living because of our exceptional Florida lifestyle. The exceptional lanai, outdoor kitchen, and waterfall pool create a delightful and private environment with exceptional room for entertaining. The lake view off the lanai provides wonderful sunsets and is complemented by an additional open lake view at the front entry. The delightful foyer includes multiple tray ceilings with crown accents. A custom kitchen with numerous upgrades in cabinetry, quartz counters, Bosch gas appliances, and under-counter lighting is a perfect situation for great room style entertaining. Upgraded tile flooring, custom backsplash, and custom overhead lighting fixtures create a sophisticated and comfortable great room environment. Multiple floor-to-ceiling glass doors with access to the oversized lanai keep the home open and bright. Oversized impact glass windows throughout the home. The primary bedroom suite is elegant and spacious with built-in custom cabinetry in the closet. The two guest bedrooms have private baths and are beautifully appointed. An oversized laundry room with full cabinetry is always desirable. A whole-house gas generator is also included. The amenities include tennis and pickleball, a full fitness center, eight miles of walking trails, dining, and a sumptuous pool and spa area. Esplanade By the Islands copies its sister community, Esplanade Golf on Immokalee Road, to create wonderful living opportunities. This home is located close to Marco Island and Old Naples. This delightful community has the best Southwest Florida has to offer.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,028,000 | $1,028,000 | $1,028,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $745 | $745 | $745 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,582 | $6,582 | $9,026 |
Total Monthly Payment | $7,452 | $7,452 | $9,896 |
* 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.