Under Construction. Under construction and estimated to be MOVE-IN READY SUMMER 2024! Welcome to this stunning canal home in desirable Hernando Beach. OPEN CONCEPT, 3 bed/2bath, Granite (Quartz available as upgrade), stainless appliances, brick paver or concrete driveways and open floor plan for GREAT entertaining. The windows are hurricane rated. Even though there are two garage doors, there is room for four cars or plenty of room for a game room. Take advantage of the gorgeous weather and enjoy the outdoors for boating enthusiasts, there is height-restricted canal access to the Gulf of Mexico. Whether you enjoy fishing, boating, or simply taking in the scenic beauty of the water, this home offers the perfect location for waterfront living. Don't miss the opportunity to see this beautiful home and experience the best of Hernando Beach!
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Our Executive Mortgage Banker:
Our Insurance Division:
$612,500
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 | $490,000 | $490,000 | $490,000 |
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 | $66 | $66 | $66 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,260 | $3,257 | $4,201 |
Total Monthly Payment | $3,418 | $3,415 | $4,359 |
* 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.