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This home boasts an unbeatable location, offering easy access to both downtown Charleston and Folly Beach! Experience the ease of single-story living in this 2-bedroom, 2-bathroom home featuring an open floor plan with vaulted ceilings that create a spacious and airy feel. Upon entering, you'll find a separate dining room that could easily be configured as a home office space, kid's playroom or additional sitting area. Enjoy cozy evenings by the fireplace or step out onto the patio to enjoy your private back yard year-round. The guest bedroom has separate entrance to guest bath. A laundry area is located in the hallway while the main living areas provide cozy space for all to gather. The primary suite features vaulted ceiling, walk-in closet, a soaking tub and separate shower. . . . features vaulted ceiling, a walk-in closet, a soaking tub, and a separate shower. The second bedroom offers private access to the full hall bath. Solar panels are paid for!
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $288,000 | $288,000 | $288,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.906% | 7.025% | 6.026% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,750 | $1,892 | $2,392 |
Total Monthly Payment | $1,825 | $1,967 | $2,467 |
* 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.