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NEW CONSTRUCTION with upgrades!!!!!! Price reduced to sell!!!! It's a must see! This one-story ranch is waiting for a new owner and ideal for empty nesters or first-time buyers. This house has an open floor plan, 9 ft ceilings, stainless steel appliances, granite countertops plus an island. Add the refrigerator as a bonus. Plus, a mini wine cooler. The master bathroom has dual sinks, a shower and separate free-standing tub. The master bedroom has a tray celling and two closets including a walk-in. A flex room near the kitchen could serve as a separate dining room or office. There is NO HOA, but the neighbors keep their homes and lawns well-manicured. Only one neighbor will be beside you. Many upgrades have been added to this house including recessed lighting throughout. As a bonusfeature a privacy fence has been installed. Minutes away from downtown Walterboro, about 30 minutes from Beaufort and Summerville. Seller is willing to contribute to buy down interest rate for the buyer.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,920 | $239,920 | $239,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,497 | $1,576 | $2,008 |
Total Monthly Payment | $1,572 | $1,651 | $2,083 |
* 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.