Under Construction. Brand new CONCRETE BLOCK 4 bedroom/ 3 bath home is located in popular Ocala Waterway Estates. Just a short drive to the new Publix! Very close to the Florida Greenway! Home has a tray ceiling in the owners suite with access to covered lanai. Livingroom has double doors to allow for many uses of this space. (Den, study or 5th bedroom) Great floor plan for entertaining. Bath 3 has access to lanai. Many features include upgraded cabinets, stainless appliance pkg, 5" walk in tile shower in master, mini blind inserts in rear exterior doors, wood look tile in all areas except bedrooms, irrigation system and much more! Home estimated completion is approx Nov/Dec/Jan pending any setbacks beyond the builders control. TAEXX pest control system built in home. Builder warranty! Builder helps with closing costs if Buyer pays cash or closes with a Seller approved lender. Pictures are of similar home for illustrative purposes only. Colors and features will vary. Prices /Promotions are subject to change without notice.
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Our Executive Mortgage Banker:
Our Insurance Division:
$457,250
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 | $365,800 | $365,800 | $365,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $38 | $38 | $38 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,434 | $2,431 | $3,085 |
Total Monthly Payment | $2,547 | $2,544 | $3,198 |
* 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.