Become a part of one of Tampa's most history-rich and picturesque neighborhoods with your brand-new VIKIN Home. This is home 2 of a 6 home development being built on Selma Ave. VIKIN is known throughout the Heights for impeccable attention to detail and thoughtful design that pay homage to the architecture of yesteryear while coupling it beautifully with modern technology and construction methodology. This homes layout is ripe for entertaining with plenty of common space and a massive kitchen in the center of the layout. There was no expense spared here, from the wood flooring throughout to the solid wood cabinets to the, already upgraded, plumbing & electrical fixtures. This is your opportunity to become a part of a movement to live in a historically relevant neighborhood in the rapidly growing city of Tampa right in the middle of all the action in a brand-new home. Ride this equity rocket into the skies once the Robles Park Village Redevelopment starts later this year. Come make memories that will last a lifetime in a home that will inspire you and your family to live your best life!
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
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 | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $109 | $109 | $109 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,454 | $3,451 | $4,452 |
Total Monthly Payment | $3,655 | $3,652 | $4,653 |
* 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.