Under contract-accepting backup offers. Back on the market Buyers Financing fell through. Assumable loan is eligible for qualified buyers at the interest rate of 3. 625% Charming 2 Bed 1 Bath Condo located in the heart of Daytona Beach. Right off the Bridge easy access Nestled walking distance to the beach few blocks away between the stunning Atlantic Ocean and the serene Intracoastal Waterway. Get the best of both worlds for those seeking a coastal lifestyle or SNOWBIRDS coming for a few months. MONTLY leases allowed. The condo has an open floor plan of 874 sq ft of living space, As you step inside, the freshly painted walls add a touch of freshness and brightness to the open living spaces. The kitchen features nice high cabinetry, granite counter tops and stainless-steel appliances and Large bedrooms. With its convenient location close to the international speedway Daytona boardwalk, it's an excellent place to call home for anyone who wants to enjoy the coastal city life or vacation home or adding income.
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Our Executive Mortgage Banker:
Our Insurance Division:
$130,000
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 | $104,000 | $104,000 | $104,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $144 | $144 | $144 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $692 | $691 | $877 |
Total Monthly Payment | $911 | $910 | $1,096 |
* 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.