PLACE YOUR NEW DREAM HOME HERE! UP AND COMING AREA OFFERING ACRE LOTS AMIDST FLORIDA’S NATURE COAST, GIVING PLENTY OF ROOM FOR POOLS, ANIMALS, SHEDS, AND MORE IN A PEACEFUL COUNTRY SETTING. CENTRALLY LOCATED TO ENJOY RAINBOW SPRINGS AND THE WITHLACOOCHEE RIVER, A SHORT DRIVE TO THE GULF, AND CLOSE ENOUGH TO APPRECIATE ALL OCALA HAS TO OFFER. IF YOU ENJOY DIVING, SNORKELING, KAYAKING, OR SIMPLE FISHING PLEASURES YOU ARE MINUTES FROM MULTIPLE OPTIONS FOR BOATING AND MORE. PRIVATE BOAT RAMP AVAILABLE FOR RAINBOW LAKES ESTATES RESIDENTS. SECURE YOUR PIECE OF THE ESTATES NOW BEFORE IT’S TOO HARD TO FIND YOUR OWN SLICE OF HEAVEN IN FLORIDA. LOT IS TREED BUT HAS SOME NICE WIDE OPEN SPACES THROUGHOUT. Sign is WITHIN AN APPROXIMATE AREA OF THE LOT WIDTH. LOT IS 135 WIDE. IF LOOKING FOR MORE ACREAGE CONSIDER PURCHASING THE LOT NEXT DOOR IN ADDITION AND COMBINING THE 2 PROPERTIES.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$31,455
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 | $25,164 | $25,164 | $25,164 |
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 | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $167 | $165 | $212 |
Total Monthly Payment | $242 | $240 | $287 |
* 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.