Welcome into the St Thomas; Medallion’s #1 selling great room, open floor plan located in the 55+ gated community of The Lakes of Mount Dora. The St Thomas floor plan won best feature in the Parade of Homes for the Primary Suite boasting an enormous primary bedroom and huge walk in closet and bathroom. In addition to the award winning primary suite, this new home features 2 guest bedrooms plus a bright, spacious den off the front of the home. You are sure to enjoy entertaining your guests in your upscale kitchen featuring a gourmet gas cooktop, modern stainless steel hood, built in wall oven / convection microwave, Quartz countertops and large island that overlooks the dining area and great room with vaulted ceilings. The finishes in this home are absolutely gorgeous! Luxury vinyl plank flooring throughout your new home (no carpet), gourmet kitchen package, upgraded quartz in kitchen, white soft close drawers, all Moen modern faucets, wood shelving in closets and gas tankless water heater. No hurricane shutters to put up in this house! Medallion Home builds with high quality PGT impact windows and sliding glass doors which will lower your electric bills, cut your homeowners insurance costs, give you peace of mind during storms, and decrease any outside noise. Come see why Lakes of Mount Dora has been selected among the Top 50 Best Master-Planned Communities in the United States by Where To Retire Magazine! NO CDD.
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Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$585,821
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 | $468,657 | $468,657 | $468,657 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $87 | $87 | $87 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,197 | $3,115 | $3,952 |
Total Monthly Payment | $3,376 | $3,294 | $4,131 |
* 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.