Two bedroom, one and a half bath second floor condominium located in desireable Live Oak Village. Large master bedroom with walk in closet will easily hold king size bed. Upgrades include new a/c and water heater within last ten years, toilets have been replaced, and new faucets in bathrooms. Nice view of lake from living room and lanai. Roof replaced in 2022. Renovated clubhouse with new flooring and interior paint. Large swimming pool with lounge chairs and umbrellas. Condo association takes great pride in keeping grounds maintained. Ammenities include basic cable, garbage pickup, ground maintenance and exterior maintenance. Streets and parking areas are well lit at night. Tree liined streets provide a great atmosphere for walk, golf cart ride, or bike ride. Major grocery stores, strip malls, casual dining, pharmacies, veteriniarians all within a few minutes. Silver Springs Community Association less than five minutes providing heated swimming pool, excercise and fitness room, billiards, small library, fitness programs and more. Membership is $5. 00 / year.
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Our Executive Mortgage Banker:
Our Insurance Division:
$115,000
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 | $92,000 | $92,000 | $92,000 |
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 | $136 | $136 | $136 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $612 | $611 | $776 |
Total Monthly Payment | $823 | $822 | $987 |
* 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.