One or more photo(s) has been virtually staged. Brand new flooring in living areas and bedrooms! This Colchester model sits on a beautiful golf course lot. It has Window World windows, a 2017 roof and the HVAC system was updated in 2016. Relax on your covered, screened front porch or entertain in the expansive great room. The kitchen is equipped with a gas range, closet pantry, breakfast bar and nook. The master suite has sliders to a patio with lovely golf course views, plus a walk-in closet and the master bath has a garden tub, dual sink vanity and an updated shower enclosure. Additionally there are two comfortable guest bedrooms, or you can use one as an office or den. Volume ceilings throughout add to the sense of space and openness. Other highlights include an inside laundry room, a screened lanai overlooking the golf course, a 2-car garage, a water filtration system, and a termite bond through Florida Pest. Royal Highlands is a premier Pringle resident-owned gated community with 2 pools (one indoor and one outdoor), lighted tennis courts, 18 hole golf course, restaurant and pro shop, recreation center with numerous activities including billiards, fitness center, activity rooms, a library, etc. Grand hall for social functions, concerts and plays, bocce ball, pickleball, shuffleboard, softball, a driving range and putting practice * HOA fee includes Xfinity cable (for 3 tvs) and high-speed Internet, plus secure RV/boat storage * easy turnpike access, closer to the airport and Orlando attractions * plus full-service Orlando Health South Lake Hospital emergency center
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Our Executive Mortgage Banker:
Our Insurance Division:
$330,000
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 | $264,000 | $264,000 | $264,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $167 | $167 | $167 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,779 | $1,755 | $2,226 |
Total Monthly Payment | $2,021 | $1,997 | $2,468 |
* 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.