The Harbour floorplan may well be homeowners' heaven. Its thoughtful, clever design attains the challenging goal of having both a very spacious home and the feeling that nothing is more than a few steps away. With 3 bedrooms and 2 baths, it encompasses all of the pampering amenities of larger homes. This beautiful Medallion Home was upgraded with a Gourmet kitchen featuring double wall ovens and Gas cooktop plus tile flooring throughout the home. The home features an open plan which is great for entertaining and boasts 10’ and 11’ ceilings making it feel even more spacious. Enjoy peace of mind with impact windows and doors! Lakes of Mount Dora has been selected among the Top 50 Best Master-Planned Communities in the United States by Where To Retire Magazine! Combining Southern hospitality with small town charm, this 55+ active adult community was developed with a special vision in mind – to create a unique place where people can live in a central Florida waterfront home with classic Florida architecture near one of the most impressive small towns in the country.
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Our Executive Mortgage Banker:
Our Insurance Division:
$486,611
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 | $389,289 | $389,289 | $389,289 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $85 | $85 | $85 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,557 | $2,587 | $3,283 |
Total Monthly Payment | $2,717 | $2,747 | $3,443 |
* 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.