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Thinking about retirement, then look no further. This beautifully maintained Kingston model in Ocala's #1 Premier Retirement Resort Community is now available. This lovely 2 bedroom, 2 bath with office and a 2 car garage sitting on a spacious corner lot is perfect for that forever home. This home offers tranquil living with plenty of space for entertaining in this Open Floor plan. This house has wood look vinyl floors for easy cleaning and Wood cabinets in light Oak in your Eat-in Kitchen. The spacious master bedroom has a large walk-in closet and features a large master bath with double vanities. Step out from your dining/den to an oversize lanai and from there to your fenced in patio, perfect for grilling and entertaining. HVAC was replaced in 2018. On Top of the World is a Golf Cart community with over 190 different clubs (everything from craft rooms, card rooms, mahjong, Bible Study Groups, etc. ), model car track, AC plane flying field, driving range for those golf enthusiasts, pools, pickle ball courts, tennis, golf course, softball field, garden areas and restaurant. You name it and OTOW has it. You are just a golf cart ride away from restaurants, grocery store, hair salon and hardware store. Included in your monthly fees are internet, basic cable, garbage pick-up and lawn care including fertilizing, shrub trimming, etc. If you are looking for that Active resort retirement or just starting to think about it, then come take a look at this
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Our Executive Mortgage Banker:
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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 | $239,920 | $239,920 | $239,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $263 | $263 | $263 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,497 | $1,576 | $2,008 |
Total Monthly Payment | $1,835 | $1,914 | $2,346 |
* 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.