Rectangle 1 acre building lot in Dunnellon FL within the Rainbow Lakes Estates community. On a paved road in an area of newly built homes with NO HOA fees is your new homesite. This community boasts a private boat ramp to enjoy Tiger Lake among other amenities! Build your home in the center clearing surrounded by the privacy of the existing trees. This area is developing and highly appealing due to it's access to enjoy the beauty and tranquility of the Rainbow River. The community itself provides the lake access and Sea Cliff community park (basketball, tennis, racquetball and pickleball), youth center, fully equipped fitness center, and a gazebo by Lake Bonable to enjoy the views in the shade! Great location with access to all the lifestyle attractions of Marion County as well as easy commutes to the big attractions in Tampa & Orlando. Check out this economically price 1 acre homesite and start your Florida dreams today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$25,000
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 | $20,000 | $20,000 | $20,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $133 | $133 | $171 |
Total Monthly Payment | $208 | $208 | $246 |
* 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.