Here is a great opportunity to get in on the "ground floor"! This one (1) bedroom, one (1) bath condominium is a first (1st) floor, 825 Sq. Ft. unit with front and back patios. Windows are newer, flooring is a combination of laminate in the bedroom and Florida room, tile in the kitchen and bathrooms and a combination of carpet and tile in the combined living room/dining room area. Trane A/C 2021, hot water heater 2021. The kitchen appliances are newer. The Florida room has custom built shelving that includes a handy Murphy bed. The location of the unit is just a short walk or minutes drive from the community recreation/service center and the main pool. The On Top of the World community is a 55+ golfing community where the members golf for free. It has 2 pools both heated, 2 golf courses (18 and 9 holes), state-of-the-art cardio gym, BBQ pits to enjoy with friend and family, Tennis and pickle ball courts and so much more. There is a plethora of groups and clubs for all interests and hobbies. Additionally, the unit is just 10 to 15 minutes away from shopping, and professionals for all needs and only minutes away from the most beautiful beaches in or nation. Come have a look.
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Our Executive Mortgage Banker:
Our Insurance Division:
$139,900
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 | $111,920 | $111,920 | $111,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $152 | $152 | $152 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $763 | $744 | $960 |
Total Monthly Payment | $990 | $971 | $1,187 |
* 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.