Assumable FHA loan with low interest!! **Offering $5000 Seller concession**.
Welcome to 8955 Fluffy Lie Court located in the burgeoning city of Davenport in the magnificent community of Champions Gate Country Club! This almost new home was built in 2021 and has had only one family living in the residence. Boasting 3 spacious bedrooms and 3 wonderful baths, everyone in the family has their own space!
Now, here is where this exclusive community knocks it out of the ballpark!! The HOA includes a full membership to the GOLF AND TENNIS CLUB! Bring your sports enthusiasts, golf and tennis enthusiasts, we are sure they will fall in love with the amazing resort style amenities! This community boasts a gated entry, the lifestyle revolves around the Oasis Club and it's 14, 000 square foot clubhouse. Here you will find a state of the art fitness center, movie theater, game room, tiki bar, restaurant, a LAZY river, cabanas and so much more!! But wait, there's more!! As an owner, you also have access to the Plaza, a resident only clubhouse where you will delight in another restaurant, bar, pickleball courts, 2 pools and another game room! This HOA has left nothing to chance and have included access to Oasis and Plaza, full golf and tennis membership, food credits, complete lawn care, cable, phone and internet! This wonderful home is just waiting for a new family to call it home! Seller concessions available for rate buy down! Don't miss out on this wonderful lifestyle, schedule your private showing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$398,000
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 | $318,400 | $318,400 | $318,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $507 | $507 | $507 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,199 | $2,145 | $2,708 |
Total Monthly Payment | $2,781 | $2,727 | $3,290 |
* 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.