As the sun begins its ascent over the Gulf of Mexico, you awake to the soothing melody of waves caressing the shore. With a steaming cup of coffee in hand, you step out onto the balcony, greeted by the soft glow of dawn painting the sky in hues of pink and gold. With each sip, you breathe in the salty sea air, feeling a sense of tranquility wash over you as you bask in the serenity of a new day dawning. In the sleek confines of the open-concept kitchen, you channel your inner chef, whipping up a culinary masterpiece amidst top-of-the-line stainless steel appliances and pristine countertops. With the gentle sound of waves lapping against the shore as your soundtrack, you indulge in the art of cooking, knowing that each dish is elevated by the coastal charm that surrounds you. With the pristine shores of the Gulf just steps away, you spend your afternoon soaking up the sun and surf. Whether lounging by the sparkling pool or strolling along the sandy beach, every moment is a testament to the effortless elegance of coastal living. With each wave that crashes upon the shore, you feel a profound sense of gratitude for the unparalleled beauty that surrounds you. As evening descends upon Lido Key, your balcony at Lido Harbour Towers becomes a stage for nature's grand finale. With a glass of wine in hand, you watch in awe as the sun dips below the horizon, casting a kaleidoscope of colors across the sky. The gentle breeze carries the scent of saltwater and the sound of seagulls in the distance, creating a symphony of sensory delight that lingers long after the sun has set. Then, you venture out to explore the vibrant charm of St. Armands Circle. With its eclectic mix of gourmet dining, boutique shopping, and lively entertainment, it's a playground for the senses that never fails to delight. Amidst the twinkling lights and bustling energy, you revel in the timeless allure of coastal living, knowing that you are truly living life to the fullest in your own slice of paradise.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $513 | $513 | $513 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,416 | $3,456 | $4,385 |
Total Monthly Payment | $4,021 | $4,061 | $4,990 |
* 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.