THIS PONDVIEW HOME CAN BE YOURS UNDER A BRAND-NEW ROOF if you recognize the value and you're ready with the right contract here in South Pointe! This original owner is prepared to replace the 23-year-old roof before sale closing after a buyer's financial commitment is clear. Details will be part of the contract. Your new home then will give you insurance savings, peace of mind, and a nice spot near the front of a neighborhood with 2 community pools and playgrounds convenient to schools, shops, restaurants and more! This 3-bedroom, 2-bath design adds a 400-SF lanai in back to help the home "live larger" than 1, 500 SF. The lanai faces north, so you can enjoy the peaceful pond view without direct rays at both sunrise and sunset. Vaulted ceilings and crown molding enhance the main living and dining areas, and the kitchen includes a windowed breakfast nook as well as a serving bar. The 2-car garage and inside laundry room complete the picture except for one missing piece, which will be this home's second-ever owner!
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Our Executive Mortgage Banker:
Our Insurance Division:
$310,000
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 | $248,000 | $248,000 | $248,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $137 | $137 | $137 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,650 | $1,650 | $2,110 |
Total Monthly Payment | $1,862 | $1,862 | $2,322 |
* 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.