ENJOY A LONG WATER VIEW ON THIS LARGE LOT! Under construction now and ready for move-in around September of 2023. This brand new, Ariel plan is 1670 sf and has 2 bedrooms plus a den and 2 full bathrooms. This home features a neutral color scheme and there are many upgrades throughout. The kitchen overlooks the great room and is equipped with 42” cabinets, soft close doors and drawers, under cabinet lighting, stainless appliances and quartz counter tops. It is easy to enjoy the Florida sunshine from the screened in lanai space. Toscana Isles is a gated and maintenance provided community with low fees. The Clubhouse offers residents an infinity edge pool, work out room, party room, billiard room and bar area, tennis, pickle ball, playground, dog park and an active HOA Committee. This community is designed for active lifestyle, including fishing, kayaking and canoes on a 60 acre lake. All centrally located, close to Venice Island and its fabulous beaches, restaurants and shopping. **Photos are not of actual home. Homes will vary as built. **
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Our Executive Mortgage Banker:
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William Raveis Real Estate
RVP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr)
Adjustable Rate Conforming*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||7.250%||6.875%||6.250%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.932%||7.055%||6.538%|
|Monthly Tax Payment||$287||$287||$287|
|H/O Insurance Payment||$75||$75||$75|
|Initial Principal & Interest Pmt||$2,647||$2,549||$3,327|
|Total Monthly Payment||$3,009||$2,911||$3,689|
* 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.