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Check out this area for your Florida home and consider this 1. 25 parcel for building your dream home in a rural area known as Charlotte Ranchettes. Lots of privacy with just one home across the road from this parcel. This community has a variety of homesites from ranches, farms, estate homes, etc. Horses are welcomed in the area. The downtown area of Punta Gorda is within 15 minutes and less to I-75 at U. S. 17 or Jones Loop exits. Punta Gorda is considered one of the best small cities in the USA and widely known for its enchanting downtown shops and eateries, fisherman village and the gem of the area is Charlotte Harbor and the Peace River and Myakka River that flow into the harbor. It is a paradise for sailor, boaters, fishing in the harbor or out to the Gulf of Mexico. The beaches of Englewood and Boca Grande are great near by destinations. Whether it is the agricultural richness of the area or the vast waterways, what a perfect parcel of land for your Florida home. Charlotte County has its own airport with many flights to many USA locations.
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Our Executive Mortgage Banker:
Our Insurance Division:
$60,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $48,000 | $48,000 | $48,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.608% | 6.545% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $280 | $299 | $389 |
| Total Monthly Payment | $355 | $374 | $464 |
* 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.