Tropical paradise here in the Falling Waters Beach Resort! This 2BR/2B first floor condo is being sold furnished with just a few exclusions. Super clean and neat with the most amazing lake and waterfall view! Your 28' Lanai has both a summer kitchen & storm shutters and you have an over-sized 1 car garage! Condo is located across the parking lot from the lap pool, pickleball & Mandago exit : )This friendly and social community is home of the famous Resort Style Lazy River Pool! So much to do from Pickleball to Tennis, Bocce & Shuffleboard, Biking & a second Lap Pool. . . Located equal distance between Marco Island & Downtown Naples for amazing dining, great shopping & endless shelling on their white sand beaches. . . You will love your new resort lifestyle. . . Truly Paradise!
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Our Executive Mortgage Banker:
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$394,900
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 | $315,920 | $315,920 | $315,920 |
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 | $260 | $260 | $260 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,102 | $2,128 | $2,709 |
Total Monthly Payment | $2,437 | $2,463 | $3,044 |
* 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.