Under Construction. Welcome to this stunning 5-bedroom, 4-bathroom home located at 1181 Basalt Lane in Sanford, FL. Upon arriving at the home, you'll be greeted by a well-manicured front yard and a welcoming entrance. As you step inside, you'll be impressed by the spacious layout spread across 2 floors, offering ample room for comfortable living. The kitchen is a chef's dream come true, with modern fixtures and plenty of counter space for meal preparation. The bathrooms are elegantly designed, providing both style and functionality for your daily routines. Each bedroom is generously sized and offers a peaceful retreat at the end of the day. Whether you want to host a barbecue with friends and family or simply unwind with a book on a lazy afternoon, the lanai provides endless possibilities for relaxation and entertainment. With a 3-car garage, parking will never be an issue, and the home's location offers convenience and accessibility to nearby amenities, schools, and parks. Situated in a welcoming community, this home provides the perfect balance of suburban tranquility and urban
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,990
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 | $519,992 | $519,992 | $519,992 |
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 | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $567 | $567 | $567 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,416 | $4,385 |
Total Monthly Payment | $4,119 | $4,075 | $5,044 |
* 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.