YOU OWN THE LAND! THIS IS A 55+ AGE PARK. GATED COMMUNITY. LOW LOA $696. 00 A YEAR, INCLUDES SEWER. Water and garbage billed by City of Davenport. UPDATE: Mobile Home tie downs and stabilizers UPDATED MAY 2024. Home has 1 Bedroom, 1 Bath with eat-in Kitchen/dinette area. Florida Room/Living Room is carpeted and has a water view of lake with catch and release fishing. This property is ALL PAVED, so minimum mowing required!!! Shed has the washer and dryer hooked up and room for storage. CLUBHOUSE for all lthe Holiday dinners, Pot Lucks, Bingo, Arts & Crafts, Dance Lessons, WEDNESDAY COOKOUT with minimal cost and usually with live music entertainment. Clubhouse & access gate give access to the HEATED POOL from the parking lot, Restrooms with Showers HAVE entrance from the pool, the library also has a Pool Table. CLOSE TO ADVENT Hospital, Doctors, Pharmacies, Restaurants, Fast Food, AND ORLANDO PARKS AND ENTERTAINMENT a short ride away. Property has to be owned FOR ONE YEAR BEFORE IT CAN BE RENTED. CHECK WITH CLUBHOUSE OFFICE.
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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 | $60,000 | $60,000 | $60,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $25 | $25 | $25 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $399 | $394 | $506 |
Total Monthly Payment | $499 | $494 | $606 |
* 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.