Owning a home in West Tampa, Florida, comes with several advantages: West Tampa boasts a rich cultural history, with strong ties to the Cuban community, providing a vibrant atmosphere and diverse cultural experiences. It's conveniently located near downtown Tampa, offering easy access to work, entertainment, dining, and events. Compared to other parts of Tampa Bay, West Tampa often has more affordable housing options, making it an attractive choice for first-time homebuyers.
Many neighborhoods in West Tampa have a tight-knit community vibe, with local events and gatherings that foster connections among residents. The area features several parks and recreational spaces, ideal for outdoor activities, jogging, and family gatherings.
As the Tampa Bay area continues to grow, investing in real estate in West Tampa could lead to property appreciation over time. Residents enjoy access to various amenities, including shops, restaurants, and schools, enhancing everyday convenience. The area is served by public transportation options, making it easier to commute and travel around the region. Close proximity to the Hillsborough River and Tampa Bay offers opportunities for boating, fishing, and other water-based recreational activities. West Tampa is experiencing revitalization and new developments, which can lead to improved infrastructure and increased property values. These advantages make West Tampa an appealing option for homeownership, whether you're looking for a primary residence or an investment property.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$620,000
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 | $496,000 | $496,000 | $496,000 |
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 | $274 | $274 | $274 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,300 | $3,297 | $4,253 |
Total Monthly Payment | $3,666 | $3,663 | $4,619 |
* 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.