Impressive 3 Bedroom, 2 Bathroom SECOND FLOOR END UNIT with assigned parking space located in the desirable LAKEFRONT community LAKES EDGE. This condo is being sold partially furnished - everything you see in the unit conveys. This light and bright condo offers an open and split bedroom floor plan with Great Room, well equipped Kitchen, Inside Laundry room with washer and dryer and 20x8 screened porch with FABULOUS LAKE VIEW. This is the largest floor plan - THREE bedrooms - at Lakes Edge. The spacious Great Room has a Dining Area and sliding glass doors to the Lanai. The Kitchen features wood cabinets, Corian counters, great storage and counter space and the kitchen opens to the Great Room. Appliances include stainless built in microwave and stainless double door refrigerator, oven/range, dishwasher and disposal. The Master bedroom suite offers lanai access through sliding glass doors, lake view, large walk in closet and private bathroom with walk in shower with two seats. There are two generous sized guest bedrooms and the guest bathroom has a tub/shower combination. You will spend most of your time on the spacious screened lanai enjoying the expansive lake view. Flooring is luxury vinyl plank, tile and carpet. The unit has hurricane shutters. Lakes Edge is a great community offering two pools, a clubhouse, fishing pier, picnic area with BBQ grills, covered pavilion and sidewalks. Lakes Edge is minutes form shopping, dining, golf, medical care, I-75, and historic downtown Punta Gorda. ***Note that an assumable VA loan is available with an interest rate of 4. 875***
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William Raveis Mortgage, LLC
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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 | $211,120 | $211,120 | $211,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $272 | $272 | $272 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,422 | $1,403 | $1,780 |
Total Monthly Payment | $1,769 | $1,750 | $2,127 |
* 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.