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MOVE-IN SPECIAL - This BRAND NEW townhome is ready for you to be it's first resident. Centrally located close to ORMC, the Hourglass district, OIA and downtown, this home has an extra large primary bedroom suite with a walk in closet and two additional spacious bedrooms as well as a laundry room conveniently located upstairs. Featuring a 2 car attached garage for private parking and storage and a fenced in dog run/yard, this home offers all of the amenities of new construction housing with the convenience of one of Orlando's oldest and most established neighborhoods. The kitchen features brand new stainless steel appliances and quartz counters with a generous pantry for storage. The great room downstairs creates a excellent place to entertain as open concept with areas for living and dining open to the kitchen. Come see today! Washer/Dryer available for an additional fee. All applicants must pass a credit and background check. Renters insurance required.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,795
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 | $2,236 | $2,236 | $2,236 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 7.075% | 6.172% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $15 | $15 | $19 |
Total Monthly Payment | $90 | $90 | $94 |
* 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.