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12 Foot ceilings await you in this Minto Homes built "urban loft" townhome in Laureate Park, Lake Nona. Located near the shell path trail, publix grocery store, and square lake, this 2 bedroom plus flex space unit has new laminate floors in the bedrooms, an oversized kitchen island, and built-ins in the master closet. The Garage is huge and features more high ceilings with storage racks. This entry-level product to own in Laureate Park gets you Fiber optic internet 1 Gb included in the HOA payment, along with the LP fit gym, Laureate Park aquatic center with 3 swimming pools, and the numerous walking trails around laureate that give it a peaceful walkability feel, in the original phase of Laureate Park. Less than 2 miles to Medical city with major hospitals, the Orlando International Airport, and A-rated schools of Lake Nona HS, LNMS, and Laureate park elementary. This could be your lock and leave townhome with zero maintenance to enjoy the laureate park lake nona lifestyle!
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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 | $391,920 | $391,920 | $391,920 |
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 | $657 | $657 | $657 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,477 | $2,575 | $3,281 |
Total Monthly Payment | $3,209 | $3,307 | $4,013 |
* 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.