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Presented by
Mike Karras - Mike Karras Team |
NEW PRICE FOR FAST CLOSING!!! Perfect for a snowbirds & empty nesters! High Point West Sec 1 is an active 55+ community in Delray Beach. 5 miles to Beach!! Close to shopping/restaurants! This villa has 2-bedrooms, 2-baths, On a corner lot providing lots of natural light. Open-concept living area. Both bedrooms are exceptionally large with wall to wall closets. Large walk-in storage closet too. This unit has accordion shutters and clamshells for hurricane protection. New roof. HPW1 has newly updated clubhouse, game room, pickle ball courts, tennis, shuffleboard. and outdoor pool with large patio area. Well maintained community, fiscally responsible condo board keeping very reasonable condo fees! Very active social life: numerous clubs, game nights, classes, crafts and trips!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$169,500
Luxury Properties Specialist
William Raveis Real Estate
Phone: 508.362.0720
Mike.Karras@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
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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 | $135,600 | $135,600 | $135,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.137% | 6.132% | 5.396% |
| Monthly Tax Payment | $220 | $220 | $220 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $759 | $812 | $1,081 |
| Total Monthly Payment | $1,054 | $1,107 | $1,376 |
* 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.