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Under contract-accepting backup offers. Edgewater Condominium Apartments on Lake Monroe~ 2 Bedroom, 2 Bath, 2nd Floor Condo with lots of Privacy & Amenities. Condo fee is just $217. 00 Monthly and offers you 2 Heated Pools, Tennis Courts, Pickle Ball Courts, Recreation Area, Walking Trails and Well Lit Sidewalks around the Community. This fee also covers the Roof, Exterior Maintenance, Ground Maintenance and Security. Just minutes to Grocery Store and other shopping. Enjoy Sunsets on Lake Monroe just steps from this Unit. This property has been well maintained and lovingly updated. New Windows in Bedrooms and Living area. New Kitchen with open ceiling , Custom Cabinets and all appliances stay! Ceramic Tile Floors Throughout and also on the Back Balcony Porch 22 x 6. This Balcony is accessible through 2 sets of double Glass Sliding Doors with Glass Sliding Windows with screens to use this space all year long for great outdoor living!! Inside Laundry complete with stacked Washer /Dryer Unit included. Beautiful Glass Mirror Doors on Most Closets, gives the space an airy feeling: ) There's no place like home . . . . especially when its yours!
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Our Executive Mortgage Banker:
Our Insurance Division:
$187,000
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 | $149,600 | $149,600 | $149,600 |
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% | 6.152% |
Monthly Tax Payment | $198 | $198 | $198 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $946 | $983 | $1,252 |
Total Monthly Payment | $1,219 | $1,256 | $1,525 |
* 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.