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Every homesite in Burnt Store Village is in a nice neighborhood. This homesite has the advantage of a forest behind it which is so, so much better for sitting on the lanai and viewing nature rather than viewing a neighbor’s back yard and lanai (and having them looking into yours). It is cleared, filled, and NOT in a flood hazard zone which will save you money on construction and insurance. Click the Tour 1 icon above for the NARRATED VIDEO VIRTUAL TOUR of the homesite and Park, not just the same still photos! And 25623 Prada is a short walk (. 47 miles) to Burnt Store Village Park with its walking trail, lake, and playground. The Community Center which is the place to host meetings and events is less than a mile walk away. It is 1+/- mile to Burnt Store Rd. and then less than 2 miles to the entrance to Burnt Store Marina. BS Marina has a terrific restaurant, sailing and fishing charters, Eco-tours, boat rentals, and of course the Golf and Country club which is open to the public. 6+/- road miles to U. S. 41 and only 11. 6+/- road miles to the I-75 interchange. So, residents of BSV enjoy the best of both worlds - is out of the hubbub of a metropolitan area but an easy jaunt to the Punta Gorda and Fort Myers Airport including both their airports. If you would like to know the origin of the “Burnt Store” name, feel free to ask the listing agent. He also knows a bit about boating and fishing in Charlotte Harbor, the Gulf, inside Burnt Store Marina.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $44,000 | $44,000 | $44,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $253 | $264 | $351 |
| Total Monthly Payment | $328 | $339 | $426 |
* 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.