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This home qualifies for NO DOWN PAYMENT! If qualified, you may also use the "Hands of Central Florida" program, as well as the Florida Bond Money Program! WHAT DOES THAT MEAN? It means you may qualify for up to $30, 000. 00 in Down Payment Assistance, as well as $6, 000 in Grant Money towards Closing Costs! THERE'S MORE! This home has a 2 year old Solar System which will be PAID OFF at Closing. How Does That Benefit You? Your monthly Electric Bill will only be $35. 00 a month! You Read That Correctly! In addition to the financial benefits, this home has a Water Softener and an Irrigation System. Additional features to this beautiful home are 3 bedrooms, a Bonus Space, and a formal Living Room that has been converted into an Office with an Interior Door making it easy to convert into a 4th bedroom if you need an extra bedroom. The Family Room has double sliding doors that opens onto the back patio and into the huge fenced in backyard. The open floor plan has an island in the Kitchen overlooking the Family Room, with additional eating space. This is a split floor plan for additional privacy, indoor laundry and a true 2 car garage. If you are looking for a family home. . . look no further!
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Our Executive Mortgage Banker:
Our Insurance Division:
$318,000
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 | $254,400 | $254,400 | $254,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $402 | $402 | $402 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,608 | $1,671 | $2,130 |
Total Monthly Payment | $2,085 | $2,148 | $2,607 |
* 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.