Location is everything in Real Estate and The Grande is hands down one of the best locations to live in downtown Orlando. This condo is located on the 4th floor, unit #4027, with a beautiful tree top views. The Grande is a mid-rise building located on the corner of South and Rosalind. Dr Phillips performing arts center is located across the street from the community. The Grande property is within minutes of trendy restaurants, retail shopping, Publix, Starbucks, Orlando’s Sunrail, Amway Arena and beautiful city parks including Orlando’s premier park Lake Eola. This condo has upgrades including wood laminate flooring. Fully-equipped kitchen including range, refrigerator with ice maker, dishwasher and disposal. Full-size washer & dryer included. Amenities at the Grande include pool with huge pool deck, tiki bar, fitness center, 12 hour security. This condo has one assigned parking space #84 located on the 2nd floor. This property is tenant occupied $1395 per month.
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William Raveis Real Estate
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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 | $135,200 | $135,200 | $135,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $230 | $230 | $230 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $922 | $899 | $1,140 |
Total Monthly Payment | $1,227 | $1,204 | $1,445 |
* 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.