One or more photo(s) has been virtually staged. A charming Opal model home in the heart of the gated, golf community of Royal Highlands can be yours! Expanded in size to nearly 1900sf. of under air living area, this home offers it's owner spacious rooms and lots of storage. Featuring CBS Construction, lovely curb appeal, new lanai screens, and a 2019 roof! The 2015 HVAC has been routinely maintained and the home just received a new water heater! You'll enjoy both the 4-season sunroom and the newly screened bird-caged lanai, overlooking palms & gardens. Watch the sunset each evening in all it's glory from your backyard oasis. All three bedrooms have newly installed carpeting! Lastly, this property has a transferrable termite bond! Don't miss out on this great opportunity to live and retire in Royal Highlands. A 55+ active, adult community with two pools, 18-hole golf course with pro-shop and restaurant. The Great Hall hosts dances, live entertainment, theater productions, large functions, and community activities. The HOA has softball, tennis & pickleball courts, shuffleboard, bocce, and more! Crafts, kiln, library and a fitness center are all centrally located in the Recreation Center. Royal Highlands is a short drive to MCO, The Villages, Shopping, Restaurants, Entertainment and Historic Districts. Call for your tour of this great home and community today!
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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 | $246,000 | $246,000 | $246,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $311 | $311 | $311 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,699 | $1,635 | $2,075 |
Total Monthly Payment | $2,085 | $2,021 | $2,461 |
* 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.