Under Construction. Why wait to start a new build when this beautiful home will be MOVE IN READY BY DECEMBER 15, 2024! Situated on a SAILBOAT Lot with easy access to the Gulf. Spacious 3 bedrooms, 2 bathrooms, den and a 3 car garage home. This plan features an open concept that will surely be an entertainers delight. With SOUTHERN EXPOSURE in the backyard area you find yourself enjoying the gorgeous pool over looking the canal! South Gulf Cove community is a sportsmen's paradise and provides a Florida lifestyle that you will give your own backyard private oasis! This home features IMPACT WINDOWS which will provide that extra security and peace of mind! Come be a part of this growing community and make this your perfect Florida getaway! Photos are of home previously built, home was staged and has similar finishes. Book your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$689,900
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 | $551,920 | $551,920 | $551,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $135 | $135 | $135 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,672 | $3,668 | $4,732 |
Total Monthly Payment | $3,899 | $3,895 | $4,959 |
* 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.