Steel Creek in the fabulous Stone Creek community. This is located in the very popular Ocala FL with loads of amenities to keep you young and active. Nestled into the finished Arlington area of the community with mature landscaping, privacy hedge behind home and a tree lined street. NO CONSTRUCTION to live thru and a great opportunity at this price point. Home has had one homeowner that is ready to move to his next adventure in life and worth your time to take a long look at what your investment will give you in this community. Tile floors, carpet in bedrooms, 2 bedrooms, 2 full baths, wonderful kitchen with nook currently being used for a music area, but also makes a great desk area! large great room overlooking the private rear yard and screened lanai. This one is sure to go quickly so make your appointment today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$308,000
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 | $246,400 | $246,400 | $246,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $227 | $227 | $227 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,497 | $1,497 | $1,947 |
Total Monthly Payment | $1,799 | $1,799 | $2,249 |
* 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.