Enjoy Florida breezes from this 2-bedroom, 2-bathroom condo is ideally located near Downtown Bonita Springs, offering the perfect blend of convenience and comfort. As you step inside, you'll be greeted by an open living area with neutral tone tile. The spacious living area flows into the dining and kitchen spaces and beyond the den/study/multi-purpose bonus room. Private laundry area conveniently located within the unit, making laundry day a breeze. This unit is located on the second floor. River Terrace features a community swimming pool and paddle craft access to the Imperial River as an amenity. Best of all, it’s a stone’s throw from the entertainment hub of Downtown, Riverside Park. Enjoy seasonal concerts, art shows, movies in the parks and various festivals. Also, near new hotspots such as Rooftop at Riverside, various coffee shops, cocktail lounges, craft breweries and boutique restaurants. Come see what all the buzz is about in SWFL! Bonita Beach is about 15 minutes away, RSW is about 30 minutes away, FGSU about 25 minutes away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$160,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $128,000 | $128,000 | $128,000 |
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 | $139 | $139 | $139 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $830 | $820 | $1,063 |
Total Monthly Payment | $1,043 | $1,033 | $1,276 |
* 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.