“New Price” Welcome to this beautiful Custom Home on Lake Hancock in Winter Garden, built by the well known builder Arthur Rutenburg. Featuring 4 bedrooms, 4-1/2 Bathrooms and a beautiful pool with a breathtaking views of the Lake. When you enter through the main door you will be impressed with the bright natural light coming from its central windows and making its formal living and dining room area the most welcoming spots in the home, to the left side you will find a formal office, powder room and primary bedroom, having this one a beautiful view of the lake. Then, you will see the elegant kitchen, with granite counter tops and wood cabinets all around it. The views of the lake invades the whole home specially the kitchen and informal dining, making it a perfect place for you to have your morning coffee while enjoying nature. On the right side of the home you will find the 3 bedrooms, the laundry and a very nice room that can be converted in a man’s cave or playroom with a pool table and Bar. Great outdoor space perfect to entertain family and friends whether you are chilling at the pool or enjoying the fire pit during winter time. . . this view of the lake is just spectacular. Lake Hancock is a 479 acres lake where you can bring your boat, practice any water sport you’d like- skying, wake boarding, kayaking, jet ski and fishing. This home will let you enjoy the best of the “Florida Lake Lifestyle”
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,200,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,760,000 | $1,760,000 | $1,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $1,898 | $1,898 | $1,898 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,415 | $11,269 | $15,453 |
Total Monthly Payment | $13,438 | $13,292 | $17,476 |
* 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.