WELCOME TO THIS ONE YEAR OLD VILLA LOCATED IN THE LUXURY GATED COMMUNITY OF LORRAINE LAKES IN LAKEWOOD RANCH FL - AMERICA’S #1 MULTI GENERATIONAL MASTER PLANNED COMMUNITY - THIS BEAUTIFUL HOME IS ON A DESIRABLE CUL DE SAC WITH NO THROUGH TRAFFIC - THIS IS A PRIME LOCATION - THE ORCHID MODEL VILLA IS A 1564 SQ FT - 2 BED - DEN - 2 BATH - 2 CAR GARAGE - PAIRED VILLA - AND IS THE BUILDER’S MOST POPULAR VILLA FLOOR PLAN - MAKE THIS BEAUTIFUL VILLA YOUR NEW HOME - AND ENJOY AN AMAZING LIFESTYLE IN LORRAINE LAKES - ONE OF LAKEWOOD RANCH’S MOST POPULAR GATED COMMUNITIES - OFFERING AMAZING AMENITIES - RESORT STYLE POOL - BAR - CASUAL DINING - FITNESS CENTER - HUGE INDOR GYM - TENNIS AND PICKLE BALL COURTS - ARE JUST A FEW OF THE GREAT THINGS THIS COMMUNITY HAS TO OFFER - DON'T MISS YOUR CHANCE TO OWN THIS BEAUTIFUL HOME
Explanation of taxes and fees: Property taxes $4769 yaer- CDD $1567 year - total HOA fees $4596 year
BROKER DISCLAIMER: ALL INFORMATION SUPPLIED HEREIN BELEIVED TO BE ACCURATE - BUYER MUST CONFIRM ALL INFORMATION SUPPLIED AS PART OF THEIR DUE DILLIGENCE PROCESS - BROKER ASSUMES NO LIABILITY FOR ANY ERRORS OR OMISSIONS
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,999
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 | $319,999 | $319,999 | $319,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $397 | $397 | $397 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,076 | $2,049 | $2,657 |
Total Monthly Payment | $2,548 | $2,521 | $3,129 |
* 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.