ADORABLE HOME WITH LAKE FRONTAGE in the popular Saddlebag Lake Resort community! This home offers covered parking, back patio, tiki bar and storage shed! Inside you will find two bedrooms, one bath, a flex space that could be used for a computer niche, butler's pantry, living room and kitchen. The covered patio is just off of the kitchen where you can sit, relax and take in the water view! Come enjoy the laid back lifestyle in this friendly 55+ community where you own the land. You will never be bored with all of the amenities and activities offered. Enjoy the community pool, hot tub, tennis, pickle ball, shuffleboard, recreational room, pool tables, horse shoe pits. There is also a beach and beach house with a covered patio and full kitchen. This is a golf cart-friendly community that is pet friendly and includes a dog park! Golfers will enjoy the driving range and water enthusiasts can boat and fish! The community is close to Lake Wales where you can shop, eat out or visit Bok Tower, a national landmark. Westgate River Ranch Resort and Rodeo is just 20 miles east on Hwy 60, an authentic Florida dude ranch and full-service resort offering guests the opportunity to experience "Old Florida. " Come on out and view this charming home and see how great life can be at Saddlebag Lake Resort!
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Our Executive Mortgage Banker:
Our Insurance Division:
$159,000
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 | $127,200 | $127,200 | $127,200 |
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 | $92 | $92 | $92 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $857 | $845 | $1,073 |
Total Monthly Payment | $1,024 | $1,012 | $1,240 |
* 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.