Under Construction. You've waited this long for your dream home to come along, why not wait a little bit longer. A Danny Sadler custom home in desirable Water Ridge will certainly be worth it. There are only a few more finishing touches left, but, once it's complete you will have a 4/3. 5 two story to call your own. There are so many things to love about this home from the open floor plan to the spacious master bedroom with ensuite. Rounding out the main level, you'll find a spacious kitchen that will be a pleasure for the Chef in the family to create in, a study/ office, laundry room and half bath. At the end of a long day, it's time to relax, sip on an iced tea and enjoy the view of Lake Van from what will be everyone 's favorite spot, the screened lanai. You will absolutely love the Water Ridge community which offers amenities galore! Take your pick from three pools or bring your rackets and play some tennis or pickleball. If you love to workout, the newly updated fitness room has everything you need and includes change rooms with lockers, showers and a sauna. Bring your golf cart and ride around the community, or over to the wooden dock on Lake Medora for some fishing or to check out the wildlife. Water Ridge also has two boat docks and a designated area to store your boat. If that isn't enough, the location could not be better. Amenities in Auburndale are a short car ride away, plus, get onto 559 or 557 for quick access to Lakeland, Tampa and Orlando via I-4. While this home may not quite be ready for viewing yet, it will be ready soon to
welcome you in for a tour.
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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 | $575,920 | $575,920 | $575,920 |
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 | $72 | $72 | $72 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,832 | $3,828 | $4,857 |
Total Monthly Payment | $3,996 | $3,992 | $5,021 |
* 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.