Welcome home to a two-bedroom, one-and-a-half-bath condominium in the lovely Live Oak Village, a 55-plus community in Ocala, Florida. This second-floor residence offers unobstructed views of Lake Sparkle and is a short walk to the pool and clubhouse. Brand new carpet has just been installed throughout, and the unit is furnished and ready for you to move in and enjoy. The HOA fees cover essential amenities, including basic cable, insurance, maintenance of the building and common areas, garbage pickup, and access to the community pool and clubhouse. Grocery stores, pharmacies, local restaurants, and hiking trails are all within minutes. The streets are lined with beautiful oak trees providing plenty of shade for daily walks. The grounds are well-lit at night, and this community experiences minimal traffic due to its location on a dead-end road. Ready for immediate occupancy.
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Our Executive Mortgage Banker:
Our Insurance Division:
$125,000
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 | $100,000 | $100,000 | $100,000 |
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 | $174 | $174 | $174 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $665 | $665 | $857 |
Total Monthly Payment | $914 | $914 | $1,106 |
* 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.