This home in the sought after community of Mt. Olive Shores North, an RV Port Home Community, is the perfect winter home to store all your toys and an abundance of outside entertainment space. This one bedroom 1 1/2 bath home has an open floor plan. The main bedroom and bath are very spacious including a walk in cedar closet and new luxury vinyl flooring. The living room area is open to the kitchen and also adjacent to the enclosed lanai for the perfect spot for your morning coffee. All appliances, new dishwasher, washer and dry are included in the sale. The RV port is an impressive 55 ft long and will accomodate any motorhome. There are several covered seating areas surrounding the home perfect for the outdoor enthusiast. This home is located on two lots so there is plenty of room to expand if need be. The community has two clubhouses with plenty of activities to keep you as busy as you would like. Come spend your time in sunny Florida and live your best RV life.
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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 | $371,200 | $371,200 | $371,200 |
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 | $238 | $238 | $238 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,470 | $2,501 | $3,183 |
Total Monthly Payment | $2,783 | $2,814 | $3,496 |
* 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.