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This is in Mccormick County. 2400 square-foot Premier steel building on 4. 58 acres. The building has an apartment with a living area, bedroom, kitchen, brick fireplace, and bathroom. Plus it has a 12 foot wide, wraparound covered porch overlooking the land. Very private and well built. The 40‘ x 60‘ building was constructed in 2019 on a 6 inch concrete slab with reinforced 1/2 inch rebar. Insulated walls and ceiling, 26 gauge metal roof and walls with lifetime fasteners. 10 x 10 rollup door, 36 inch metal doors. There is a new well producing 20 gallons per minute. The gravel drive and lot are in great shape and it has an iron gate entering the land. Perfect for "barndominium" living or commercial use. The property is 12 miles to Abbeville and 25 miles to Greenwood, and close to Lake Thurmond and Lake Richard B Russell. It's just up the street from the Sumter National Forest.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $192,000 | $192,000 | $192,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $42 | $42 | $42 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,214 | $1,261 | $1,607 |
Total Monthly Payment | $1,331 | $1,378 | $1,724 |
* 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.