Welcome to this adorable, never been on the market before, 3rd generation Mount Dora home! This super affordable home holds many conveniences from it's prime location from downtown Mount Dora and all it has to offer to it's gorgeous fully fenced oversized back yard with large deck ideal for entertaining and containing our furry family members. This outdoor space and it's large deck is stunning! After working in the yard on a hot summer day you can cool and clean off in your own outdoor shower! The home features features natural gas to operate the stove, tankless water heater, and dryer to help save money. It has crown molding and a space for a mother in law or older child with it's own separate entrance. This home is also wired for a generator. The home also has new double paned windows. Don't miss and come see this one today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$272,500
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 | $218,000 | $218,000 | $218,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $154 | $154 | $154 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,450 | $1,469 | $1,869 |
Total Monthly Payment | $1,679 | $1,698 | $2,098 |
* 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.