Under Construction. This model offers 5 Bed, 3 Bath, 2. 5 Car Garage, Study + 760 sq ft, 1 Bed, 1 Bath Apartment Laureate Park is the culmination of many days and nights spent dreaming of a better future and a way to break the monotony of the typical live, work, play community in the notorious Lake Nona area. Laureate Park is the culmination of many days and nights spent dreaming of a better future and a way to break the monotony of the typical live, work, play community in the notorious Lake Nona area. The new homes in Lake Nona are the future and the streets of Laureate Park are paving the way for how we will live in our modern world. Intricate architecture, vibrant color palettes, integrated technology, dining, shopping and recreation are just steps away. A pristine, intelligently designed 7, 000 acre of resort and kid friendly pools, a state of the art fitness center, tennis courts, volleyball/basketball courts, playgrounds, parks and a community garden. All of these great features are what make Laureate Park one of the most sought after lifestyle communities in Central Florida. Laureate Park's new phase of single-family homes is now selling. Learn more today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,143,619
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $914,895 | $914,895 | $914,895 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $31 | $31 | $31 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,858 | $5,934 | $8,033 |
Total Monthly Payment | $6,014 | $6,090 | $8,189 |
* 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.