One or more photo(s) has been virtually staged. Ormond Lakes Affordable Johnson built 3 bdrm, 2 ba , 2 car garage home in popular Ormond Lakes. New roof in 2019, New AC in 2018. Tile flooring. Vaulted Ceilings. Oversized windows for natural light. Primary bedroom has two walk in closets. . . one with Johnson custom safe room. Ensuite has relaxing garden tub and walk in shower, two separate vanity areas. Spacious galley kitchen with ample cabinets and counter space. Open floor concept for living and dining. Large patio for relaxing. This cul-de-sac location is a short walk to the Pavilion Picnic Area and fishing dock. . . other amenities include, clubhouse, community pool, lighted tennis courts, play area, all common areas plus bicycle paths and sidewalks with a reasonable quarterly fee of $264. Minutes from I-95, Palm Coast, downtown Ormond Beach, dining and shopping. Cash, conventional, VA and FHA loans are acceptable. This magnificent buy is calling you!
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Our Executive Mortgage Banker:
Our Insurance Division:
$381,000
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 | $304,800 | $304,800 | $304,800 |
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 | $191 | $191 | $191 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,028 | $2,026 | $2,613 |
Total Monthly Payment | $2,294 | $2,292 | $2,879 |
* 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.