Adorable Key West charmer in the HEART of downtown historic Lake Worth Beach, just minutes to our iconic Benny's on the Beach, golden sandy beaches, boat dock, 18 championship holes of golf along the ICW, shopping, dining, and our very own historic 1926 Playhouse that still hosts local talent! This roaring 20's cottage still has the original hardwood floors, and has NEVER been listed omn MLS. Although this is not the original owner they have lived here over 30 years and have all the updates one could ask for! 2008: entire home was rewired and new panel installed, outlet for whole house generator, 1/2 shutters 1/2 impact windows 2010: water heater and HVAC 2012: fencing 2014: sewer line and most of the plumbing replaced with CPVC, cast iron out 2018: roof both pitched and flat deck! From
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Our Executive Mortgage Banker:
Our Insurance Division:
$560,000
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 | $448,000 | $448,000 | $448,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $841 | $841 | $841 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,094 | $2,978 | $3,778 |
Total Monthly Payment | $4,027 | $3,911 | $4,711 |
* 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.