Elegantly remodeled and spacious 2bd/2. 5bath corner residence at The Cosmopolitan in the prestigious South of Fifth neighborhood. Meticulously upgraded throughout from the moment you enter the door. European kitchen with all stainless appliances, granite island and counters, new full sized washer/dryer, all bathrooms/showers completely remodeled with marble/tile, custom mirrors, custom closets, window treatments, new A/C, BONUS-two side-by-side parking spaces close to the elevator. A pet friendly, full service building with 24/7 security, heated pool w/jacuzzi, fitness center and club room. A 2 block walk to the beach, surrounded by fine dining, South Pointe Park, an amazing place to live. The condo comes fully furnished, do not miss this opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $972 | $972 | $972 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,708 | $5,708 | $7,787 |
Total Monthly Payment | $6,805 | $6,805 | $8,884 |
* 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.