HUGE PRICE REDUCTION!!!. . . Where will you find a single family home in Bonita Springs in a beautiful community at only $419, 000? Home could use some updating, however it has a beautiful lake view and a nice size lot. "Discover an unbeatable value in Bonita Springs! Located in a peaceful community, the low HOA fee of only $297 per year offers exceptional affordability. Recent improvements include a new roof in 2018, newly serviced air conditioner, newer washer and dryer, and an updated water heater and refrigerator. This home is likely eligible for VA and FHA loans, with the potential for a no down payment option for qualified VA loan borrowers.
"The current owner is the first and only owner of the house, which has been used as a private vacation home.
"Enjoy stunning lake views from most rooms in this beautiful home. With a history free from flooding concerns, you can relish the scenery with peace of mind. Conveniently located near RSW Airport, multiple beaches, shopping centers, and outlets, everything you need is just a short distance away. The new Bonita Springs High School speaks for itself and the amazing education it provides. Don't hesitate to call and schedule an appointment to view this home—short notice appointments are welcome. "
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$419,000
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 | $335,200 | $335,200 | $335,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $287 | $287 | $287 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,230 | $2,202 | $2,827 |
Total Monthly Payment | $2,592 | $2,564 | $3,189 |
* 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.