SUPER ENERGY EFFICIENT HOME - AVERAGE ELECTRIC BILL LESS THAN $50/MONTH
This home was updated with a $70, 000 solar energy system approximately 2 years ago. Duke Energy costs now average less than $50/month. This takes into account reasonable usage of electricity including air conditioning and pool heating. Come tour this home and ask to see Duke Energy bills and Solar production.
***NO Hurricane Damage*** Located on one of the highest points in Highlands Reserve Subdivision, this POOL home offers 2025 sq. ft. , 4 bedrooms, 2 baths. The pool faces southwest and has sun all day with beautiful sunsets. The electric Sunsetter Awning provides extra outdoors space shielded from sun or rain with a fabulous view of the 14th green and 15th fairway. The home has been lovingly remodeled with granite countertops, carpeting and ceramic tile. New roof (2021), Solar fan in attic, Exhaust fan in garage, 18x36 caged pool area, spa, 12x15 covered lanai, resurfaced pool. Short term rental community. " This home is move in ready! ***OVER 40 HOME IMPROVEMENTS*** Check out the attached HOME IMPROVEMENT DOCUMENT. . .
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Our Executive Mortgage Banker:
Our Insurance Division:
$489,000
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 | $391,200 | $391,200 | $391,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $260 | $260 | $260 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,603 | $2,570 | $3,299 |
Total Monthly Payment | $2,938 | $2,905 | $3,634 |
* 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.