**PRICE IMPROVEMENT!!**Enjoy a little slice of paradise in this quaint condo community in the heart of Ocala. NEW laminate flooring, NEW bathroom vanities, NEW dishwasher, NEW window treatments, freshly painted walls and kitchen cabinets! This spacious, first floor corner unit is just steps away from a pristine community pool, and only 10 minutes from vibrant downtown Ocala where you can delight in shopping, eateries, and entertaining events year round. This tranquil community is adjacent to the Ocala Golf Club and one block from the Fort King Tennis Center. This unit has a split bedroom layout and two full bathrooms, washer/dryer combo, and new HVAC replaced in 2022. There is also a secured storage on the second floor of the building the pertains to this unit. Community laundry room and clubhouse are available for use as well. (Room measurements are approximate. )
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Our Executive Mortgage Banker:
Our Insurance Division:
$145,000
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 | $116,000 | $116,000 | $116,000 |
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 | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $185 | $185 | $185 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $772 | $762 | $978 |
Total Monthly Payment | $1,032 | $1,022 | $1,238 |
* 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.