Arlington Ridge gated golf community in central Florida is a 55 plus community. This home is a 2 bedroom 2 bath home 2 car garage . Exterior features include a screened in front entrance and a nice back screened in patio with view of the 10th fairway on the golf course. The roof has solar panels to help reduce your electric bill. The interior features 9 foot ceiling, retractable sliding doors that open to the rear screened in patio. Stainless steel appliances, pantry. Master bedroom has 2 large walk in closet, en-suite with a large shower and dual sinks. The home has engineered flooring thur out except the kitchen has tile flooring. Plantation shutters throughout. Both bedroom have blackout curtains. The community has a 18 hole golf course, heated swimming pool and lap pool, hot tub, restaurant, grill, tennis and pickleball courts, workout room, aerobics room, movie theatre, billiards room, coffee shop, bocce ball court, library, community center for shows and special events, 24 hour guarded gate. The HOA quarterly fee Is 315. 00. This includes lawn mowed, lawn edge, Internet and standard cable with 2 cable boxes. Within 1. 5 miles 2 grocery stores, drug store, banks, garden center, gas stations, restaurants, emergency clinic, hardware store, auto parts and other. The Villages are close by with plenty of restaurants, shopping and entertainment.
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William Raveis Real Estate
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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 | $272,000 | $272,000 | $272,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.292% | 6.623% |
Monthly Tax Payment | $376 | $376 | $376 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,856 | $1,833 | $2,351 |
Total Monthly Payment | $2,307 | $2,284 | $2,802 |
* 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.