The opportunity for downtown living has arrived! This move-in ready 1 bedroom, 1 bath condo is located in the high-rise building of the Waverly located directly on Lake Eola and right around the corner from the Central Business district and everything downtown living has to offer. The unit is located on the west side of the building with direct views of downtown Orlando and a layout that offers efficiency with all while providing an open concept feel. Floor to ceiling windows provide a light and bright unit with a large balcony overlooking the downtown skyscape. Waverly amenities include a community pool, fitness center, daytime Conceirge services and 24 hr security. Water, sewer and trash removal are included in monthly maintenance fees. Located within a short distance of downtown Orlando's finest restaurants, shopping, Amway Center, Orlando City Soccer stadium, Dr. Phillips Center for the Performing Arts and easy access to I-4. A must see with resort style living at its best. Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$300,000
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 | $240,000 | $240,000 | $240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $315 | $315 | $315 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,597 | $1,577 | $2,024 |
Total Monthly Payment | $1,987 | $1,967 | $2,414 |
* 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.