The seller is offering a Permanent Rate Buy Down to reduce your mortgage costs. The main residence, newly roofed, is located in Naples and is accessible through a wide, paved driveway beyond the gates. The property boasts beautifully landscaped grounds. Upon entering the main house, a spacious living area with soaring vaulted ceilings welcomes you, ideal for social gatherings or family leisure. It houses three exquisitely designed bedrooms, including a sumptuous master suite with an attached bathroom and walk-in closets. A large office, complete with built-in furnishings and a Murphy bed, serves as a superb space for remote work or business activities. A notable aspect of this estate is the portico leading to a substantial garage, providing plenty of parking and storage within the 2. 5-acre lot. Additionally, a recently heated pool invites you to cool off during the warm summer months. The 1200 sqft guest house, built in 2014, offers an open layout with a generous bedroom and a full bathroom.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
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 | $1,119,200 | $1,119,200 | $1,119,200 |
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 | $369 | $369 | $369 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,166 | $7,166 | $9,827 |
Total Monthly Payment | $7,660 | $7,660 | $10,321 |
* 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.