Under Construction. Centrally located between Tampa and Orlando, Gum Lake Preserve will offer upgraded, move-in ready homes at an affordable price. In addition to exceptional homes, this community will feature abundant open green space, a pond, playground, picnic area, nature trail and boat ramp to Gum Lake.
After a day full of enjoying the wonderful amenities offered at Gum Lake Preserve, the Cypress floor plan is the perfect place to go home to. This dream three-bedroom home provides your family with space and features that will be enjoyed for years to come.
Perfect Nights Under the Lanai:
What better way to spend a beautiful night than gathering under the Lanai with your family and friends! Enjoy sitting around the table sharing your favorite stories over dinner or a competitive card game. Your home is sure to become a favorite gathering place, where a lifetime of memories will be created.
Walk-In Closets for Everyone:
Each bedroom in the Cypress floor plan has its own walk-in closet, something everyone in the family will enjoy. Whether it is filled with work uniforms, princess dresses, or holiday decorations, each closet is sure to provide the additional space your family has been seeking! If you still need more storage space the linen closest located in the hallway will provide just that.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$354,900
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 | $283,920 | $283,920 | $283,920 |
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 | $29 | $29 | $29 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,889 | $1,887 | $2,434 |
Total Monthly Payment | $1,993 | $1,991 | $2,538 |
* 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.