In consideration for using an approved lender, the seller agrees to a credit up to $10, 000. The credit can be allocated toward temporary or permanent rate buy down, closing costs and/or prepaids. Seller credit may not exceed allowable contribution limits based on loan types. Great investment opportunity or move into This Ocean Walk 6th floor highly sought after mini-penthouse unit with direct views of the Indian River Lagoon. Very peaceful spacious balcony with amazing sunset views and rocket launches. Unit comes fully furnished with a lot of upgrades. newer stainless steel LG appliances, granite countertops, new lighting and ceiling fans, blackout screens in living room and master bedroom, coastal shutters, large laundry room, new carpet in all three bedrooms, remote control screen on patio, new cabinets just installed in master closet and laundry room, TVs and much more. Building 16 is just far enough from the parking lots and pools so it very peaceful. Close to the Beach access walkway and easy access to pool and club house. Unit comes with rental bookings that will transfer after sale. Don't miss out on this amazing property. Call today for details.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
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 | $679 | $679 | $679 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,456 | $4,459 |
Total Monthly Payment | $4,231 | $4,227 | $5,230 |
* 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.