Hurry, Hurry this amazing open concept Doral floor plan by Neal Communities is Move in ready and located in the highly desired Kings Gate Community a resort style 55+ very active adult gated community. The Doral floor plan features 1, 506 sqft. of living space with 2 bedrooms and 2 full bathrooms and an oversized den with a 2 car garage with epoxy floors. This home has spacious rooms with 10’ tall ceilings, impact windows and doors, cordless faux wood blinds are included. The kitchen features designer cabinets and quartz counter tops, back splash, walk in pantry and, GE stainless steel appliances. Master bath has walk in shower & walk in closets. Smart Home Technology is included. The exterior lanai is screened in and under truss. The exterior of the home features care free living at its finest including a full landscape package and, irrigation system. Kings Gate features the newly remodeled lions gate restaurant that is open to the public, challenging golf course, numerous planned activities, tennis, pickle ball, pool and spa, gym, lawn bowling & more. Lawn maintenance, irrigation water, pressure washing, cable, roof replacement, exterior paint & more included in HOA. Don’t miss out on your chance to live in an highly upgraded quality built home in the Kings Gate that is run and operated by the Home owners. NO CDD!!!!
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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 | $253,712 | $253,712 | $253,712 |
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 | $68 | $68 | $68 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,688 | $1,686 | $2,175 |
Total Monthly Payment | $1,831 | $1,829 | $2,318 |
* 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.