new vinyl plank floor at the first floor and the bedroom , when you walk in high ceiling and gas stove Living is easy in the impressive two-story, three-car garage, 3, 627 square foot Lancaster. This floorplan encompasses five spacious bedrooms, three luxurious baths, a formal living and dining area, and a generous family room and a separate gathering room. Although all of the bedrooms, except the guest bedroom, are located upstairs, the lavish master suite is very private and includes a sitting area. The master suite showcases design and functionality with a tremendous walk-in closet, dual bathroom cabinets with sinks, and a shower and separate soaking tub. The convenient upstairs laundry is great for busy families alleviating the need to carry heavy baskets up and down the stairs. On the first floor, the family room and gourmet kitchen, complete with a walk-in as well as a butler pantry, combine and create the perfect place to entertain family and friends. Black Lake Preserve will enjoy prestigious living in a neighborhood fronted with an impressive brick wall. For the convenience of the residents, there are two privacy-gated entries. Residents will also enjoy living near to newly built elementary and middle schools where children can walk or ride bikes to attend. Close proximity to Florida’s Turnpike and State Roads 535 and 429 will provide an easy drive for commuters to destinations including downtown Orlando, Walt Disney World Resort and the Maitland Exchange.
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Our Executive Mortgage Banker:
Our Insurance Division:
$670,000
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 | $536,000 | $536,000 | $536,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $583 | $583 | $583 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,702 | $3,562 | $4,520 |
Total Monthly Payment | $4,377 | $4,237 | $5,195 |
* 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.