PAVED ROAD. Lots of new single family homes going up in the neighborhood, also duplexes are
allowed here with R-2 Zoning, but it seems to be mostly single family in the area. Very close to downtown Ocala, 5 or 6
minutes to World Equestrian Center, the Ocala strip and everything else is just minutes away from this perfect in town
location. This lot is Marion County parcel 2305-023-081 . The street number listed in the address was made up for GPS
mapping/driving purposes only and hasn't been assigned by the County yet. For directions, if you prefer you can copy and
paste GPS Coordinates into Google Maps or Apples Maps, or use the address of a neighboring house. GPS Coordinates:
29. 193016, -82. 213602. Or you can use address: 615 NW 57th Ave, Ocala, FL 34482 (not official). This is Ocala Ridge
Subdivision, and the seller has several other lots available in the subdivision. Buyer to confirm with Marion County about
duplex building requirements. There is a lot of development going on here and there are not many lots on the paved roads
available in Ocala Ridge.
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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 | $25,200 | $25,200 | $25,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $168 | $167 | $216 |
Total Monthly Payment | $243 | $242 | $291 |
* 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.