Pre-Construction. To be built. Welcome to The Dora View Cottage, located in Mount Dora's LAST EVER downtown custom home community. The Dora View is presented by Classic Homes, one of Central Florida's premier custom builders. It combines a charming, Craftsman style exterior with a spacious, modern interior. Luxury features abound throughout. High ceilings, elegant millwork, upscale cabinetry, appliances and finishes are all here. Enjoy Florida outdoor living in the expansive lanai. There's even room for a pool. Cottages on 11th is situated just a short stroll from the center of the City's quaint collection of shops and eateries. Living here will provide only twenty-seven extremely fortunate and discerning homeowners with the rare combination of luxurious living environment, small town charm and walkable lifestyle. In addition, they’ll enjoy the financial security of being surrounded by like value homes. Start with a homesite acquisition, then begin the exciting journey to create your completely personalized residence. Select from a wide variety of traditional architectural styles, in harmony with Mount Dora's renown, nearby Historic District. Design the interior spaces, finishes and features that best accommodate your lifestyle and preferences. It's a blank canvas awaiting your artistry!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$965,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $772,000 | $772,000 | $772,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $138 | $138 | $138 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,943 | $4,943 | $6,778 |
Total Monthly Payment | $5,173 | $5,173 | $7,008 |
* 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.