What a great place to live! Affordable 1 bedroom gem is now available in the gated Oak Forrest Condominiums! Oak Forrest Condominiums are known for being a great community with multiple pool and recreation areas and an on site office. All buildings have been repainted within the last 2 years, all have new roofs added less than 2 years ago, and the books are solid- so no outrageous monthly fees!
This unit itself is located on the second floor of building M and features a large living room, dining room and kitchen with a pass through to the dining area. The flooring is all in great shape, there are newer light fixtures, stove, refrigerator, washer and dryer are included. There is a great balcony with plenty of room to relax. These condo's were built strong, so there will be no worries from Florida's weather, and the entire complex is not in a flood zone. Come and see this affordable move-in ready home and you may find it is perfect for you!
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Our Executive Mortgage Banker:
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$129,000
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 | $103,200 | $103,200 | $103,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $87 | $87 | $87 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $687 | $686 | $870 |
Total Monthly Payment | $849 | $848 | $1,032 |
* 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.