ASSUMMABLE VA MORTGAGE- 4. 1% Interest rate! $470, 000 LOAN. Buyers and agents, buyer must qualify with seller's original lender to assume the mortgage. This home is nestled on a 1. 22 acre LAKE FRONT lot. The property is fully fenced in, with new SOD, irrigation, and newer landscaping. The interior and exterior have been freshly painted within the last 2 years, along with all the interior fixtures and fans updated. The pool also has a new saltwater system and heater. One of the star features of this property, other than the pool, is the large 35X24 metal building(2018) with electric already hooked up to it, and steel bay doors on both sides. Plenty of room to create a workshop or store all your boats, side by sides and other toys! This neighborhood has no restrictions, and zoned AR, so bring your animals also! Stepping inside the front door, you'll notice and open space for a formal dining and sitting area along with a two sided fireplace leading into the kitchen. The kitchen features solid wood cabinets, granite counter tops, and an "eat-in" space alongside the fireplace. The living room is just off the kitchen, with pool area access through the sliding glass doors. Down the hallway are the 3 guest bedrooms, and guest bathrooms. One of the bathrooms has been renovated and conveniently leads to the pool area. This is a split floorplan, so the
primary "wing" is on the opposite side of the home with with walk in closets and large ensuite bathroom, which has also been renovated. Located close to local grocery stores with quick access to the Veterans Expressway or US 19. Roof 2020 AC 2018
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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 | $460,000 | $460,000 | $460,000 |
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 | $543 | $543 | $543 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,060 | $3,057 | $3,879 |
Total Monthly Payment | $3,695 | $3,692 | $4,514 |
* 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.