A First floor remodel gem end unit 2 bedroom, 1. 5 bath condominium located in Fairways #4, Silver Springs Shores area of Ocala, Florida. The main living area , both bedrooms , the dining area, and kitchen have an amazing new wood type flooring. The kitchen also has quartz counter tops. This unit offers 990 square feet of living space with new paint under air plus an additional open patio that overlooks the large common area. On the top of that it has an awesome new kitchen cabinets with new kitchen appliances. The community pool is located just around the corner. Both bedrooms are quite cozy for a family who also needs Stackable washer/dryer combo to be closely located inside the unit. HOA monthly fees include basic cable television, insurance on the building, maintenance on the outside of the building, common area lawn care, garbage pickup and use of the community pool. Also located nearby is the Silver Springs Shores Community Center which provides a place where adults and youth can relax by the pool, play billiards, table tennis, and enjoy other activities on a daily basis. Additional outdoor youth programs are available including fishing and archery activities. Silver Springs Shores Community Center also hosts clubs, organizations, and parties of all kinds. The furniture is not included, but negotiable.
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Our Executive Mortgage Banker:
Our Insurance Division:
$134,900
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 | $107,920 | $107,920 | $107,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $146 | $146 | $146 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $745 | $717 | $910 |
Total Monthly Payment | $966 | $938 | $1,131 |
* 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.