NEVER A DULL MOMENT at The Woodlands at Rainbow Springs. Just to the west of the Rainbow River, in this deed restricted neighborhood, sits this one-acre homesite that is ready for some activity. Surrounded by rolling hills with oak and pine trees, nature abounds. Deer, owls, and songbirds are teeming. Adjacent to the homesite is a Drainage Retention Area, which offers some additional open space and privacy for when you just want to relax. When you get bored of relaxing, residents of the community have plenty to do at the Rainbow Springs Clubhouse which features the community swimming pool, gym, lighted tennis courts, Bocce ball, pickleball, billiards, horseshoes, and a 9-hole Frisbee disk golf course. Inside the Clubhouse is Cheers Restaurant and a bar and grill to enjoy. There is even a ballroom and banquet hall for special events. There is access to a private community park/beach on the serene Rainbow River, which has a swimming area, kayak launching, pavilions and picnic area. The KP Hole and Rainbow Springs State Park are 5 minutes away for swimming, tubing, kayaking/canoeing and paddleboarding. Not to worry if water isn’t your thing. Enjoy a round of golf at the Rainbow Ends golf course or the beautiful Juliette Falls, stroll the tree lined streets of the Dunnellon Historic District or head 30 minutes to the heart of Ocala for shopping and nightlife.
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Our Executive Mortgage Banker:
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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 | $21,334 | $21,334 | $21,334 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $140 | $142 | $180 |
Total Monthly Payment | $215 | $217 | $255 |
* 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.