*WATERFRONT* 2023 Custom built Bermuda home with incredible water views, NOW for sale in the sought after, award winning 55+ community of Lakes of Mount Dora. This beautiful home has been customized with thousand of dollars in upgrades such as, trey ceilings with tongue and groove molding and box lighting in the primary suite, main living area and den, Hunter Douglas Power Ve window treatments on main sliders, Hunter Douglas treatments on all windows, custom lighting and fans in every room, gas fireplace with upgraded stone surround, custom built-in cabinetry, custom bar area with wine cooler, walnut floating desk and shelves in office/den area, outdoor kitchen, outdoor speakers, and additional 10 feet added to the garage area along with a custom garage wall for added storage, reverse osmosis water system for the kitchen, whole house generator, camera system and added perimeter drainage and the list goes on. Home features 3 bedrooms and a separate office/den area. This Bermuda model offers an open floor plan with 10 foot high ceiling, perfect location for unbelievable sunrises and breathtaking water views from oversized screened in lanai. This home is built and ready to go, Don’t wait to build a new one!
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Our Executive Mortgage Banker:
Our Insurance Division:
$825,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.636% | 6.684% |
Monthly Tax Payment | $104 | $104 | $104 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,172 | $4,172 | $5,749 |
Total Monthly Payment | $4,368 | $4,368 | $5,945 |
* 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.