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Nestled in the picturesque Lakes of Summerville community, this delightful cottage is brimming with charm. As you approach, the welcoming exterior invites you to step inside. Upon entering, you'll be captivated by the open floor plan and the flood of natural light that fills the space, creating a warm and welcoming ambiance in the living room. The journey continues into the well-appointed kitchen featuring ample countertops and cabinets, perfect for all your cooking adventures. The adjacent dining area offers a seamless flow to the patio and backyard, making it an ideal spot for al fresco dining and entertaining. The primary bedroom is a true retreat, complete with a walk-in closet and a luxurious en suite bath that boasts a spacious step-in shower. Two additional bedrooms and a full bathroom provide plenty of space for family or guests, completing the comfortable interior. Step outside to the backyard, a serene space where you can relax and soak in the Lowcountry climate. With an unbeatable location just 3. 8 miles from Historic Downtown Summerville, 5. 6 miles from Nexton Square, and 15. 9 miles from Charleston International Airport, this property offers both tranquility and convenience. Don't let this gem slip away!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $228,000 | $228,000 | $228,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,441 | $1,498 | $1,909 |
Total Monthly Payment | $1,516 | $1,573 | $1,984 |
* 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.