Sugarmill Woods, Oak Village South is a deed-restricted neighborhood, that is a great place to build your new home or invest in a vacant home site for the future. The deed restrictions aren't overly complex, but keep properties in a "tidy and well-kept" manner. More information on the deed restrictions can be found at the Sugarmill Woods Oak Village Property Owners Association website. The Sugarmill Woods Community, with its many different Villages, was the first greenbelt community in the nation. A greenbelt is a swath, or patch of land the Community owns. Greenbelts are a no-build, no-cut, no-improving zone and are meant for the enjoyment of the owners of the community. These areas of land are behind each home, and in some areas, in front of each home as well. This affords each property owner an additional layer of privacy, without the need to own, and more importantly, pay taxes on the land. Oak Village is ideally situated for those who travel on The Suncoast Parkway often. A short drive east, from the parcel will land you at the 98/Suncoast Parkway exchange. Be in Tampa in less than an hour, St. Pete, in just over an hour, and everywhere else in between. Publix, Walgreens, and all the daily shopping necessities are just a couple of miles West, at the 98/Suncoast Blvd intersection. If convenience, privacy, and well-kept homes and lawns are what you are after, come take a look at Sugarmill Woods Oak Village.
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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 | $32,000 | $32,000 | $32,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $221 | $216 | $272 |
Total Monthly Payment | $296 | $291 | $347 |
* 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.