With FULL PRICE OFFER; seller willing to BUY DOWN the rate to an estimated rate of 4. 750% (inquire within for more details). Welcome to this charming & stylish 4 Bedroom, 2 Bathroom bungalow located on a quarter acre in Orlando! Enjoy a quiet morning coffee on the covered front porch. As you enter, the living room space greets you with an open concept, plenty of natural light and luxury vinyl flooring that continues throughout the home. Pass through the open archway to the large eat-in kitchen with dark wood cabinets, garden window & pantry. Continuing down the hall, the first left off of the kitchen is the conveniently located laundry room with a built-in storage shelf and an exterior door to the driveway. Three spacious bedrooms continue on either side of the long hallway sharing a full bathroom. The primary bedroom is considered the fourth bedroom & offers near proximity to the primary bathroom with dual sinks and separate shower & commode. Outside of the back door is the massive fenced-in backyard with mature oak trees. The oversized backyard offers ample room for entertaining, cooking on the grill or creating a fire pit or playground space for kids. Located near public schools and Barnett Park makes this a great family home and is just minutes away from State Rd 50 and the 408 which is a quick distance to downtown. This lovingly maintained home is perfect as a primary residence for your family or a gem of an investment property. Don’t miss your chance - call today for a private showing!
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Our Executive Mortgage Banker:
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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 | $247,920 | $247,920 | $247,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $175 | $175 | $175 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,649 | $1,648 | $2,126 |
Total Monthly Payment | $1,899 | $1,898 | $2,376 |
* 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.