One or more photo(s) has been virtually staged. Welcome to Del Webb Orlando, a 55+ community located within guard gated Ridgewood Lakes. This Madrid floor plan features 2 bedrooms, 2 bathrooms, a den/study, formal dining area, great room, inside laundry room, and a beautiful screened in lanai for enjoying a water view out back. The home has an upgraded master bathroom for handicap access, beautiful flooring, window shades and shutters, kitchen cabinets with pull out shelves, ceiling fans and more. Sit out back and enjoy the quiet of the neighborhood while enjoying the water view. This home has a new roof as 2023, ac installed in 2021, and also has a whole house generac generator. Furnishings are being offered separately. Del Webb offers numerous amenities for residents. The clubhouse is over 30, 000 sq ft with 2 pool and spas, one indoor and one outdoor. You'll also have a fitness center, walking track, billiards, ping pong, ballrooms, craft rooms, library with books and movies, and a tavern for food, drink, and entertainment. Outside you'll find the pickleball, basketball, tennis, shuffleboard, bocce ball, a park for the little visitors and a large dog park. Also within the gated community is the White Heron Golf Course. Located just outside is Advent Hospital, restaurants, shopping, and I4.
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Our Executive Mortgage Banker:
Our Insurance Division:
$379,000
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 | $303,200 | $303,200 | $303,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $228 | $228 | $228 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,094 | $2,043 | $2,579 |
Total Monthly Payment | $2,397 | $2,346 | $2,882 |
* 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.