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*Photos are from a previous model home* Clarke Townes, a charming new home community, is nestled in the serene landscape of Anderson, South Carolina. This community offers townhomes designed to meet the exact needs of today's homeowners, making it the ideal place to call home for a number of individuals. Whether you’re a first-time buyer, seeking a quiet yet connected lifestyle or simply ready for something new, Clarke Townes provides the perfect backdrop for your next chapter. At Clarke Townes, every detail has been meticulously planned by our team of experts in order to off Anderson, SC are designed with energy-efficient features that not only reduce your environmental footprint but also lower your utility bills—exemplifying our commitment to sustainability. At Clarke Townes you can truly feel at home. Anderson, South Carolina is such a great location to call home being close to Greenville, Clemson University, Anderson College, Lake Hartwell and much more. It is the perfect place to settle down and enjoy the best of South Carolina living. Discover your new home in Anderson at Clarke Townes and experience the comfort, community and convenience that makes this neighborhood truly special. *The illustrations provided are artist’s depictions only and are NOT meant to be exact. They may vary from the actual plans and homes being built. *
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $187,992 | $187,992 | $187,992 |
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 | 7.007% | 7.050% | 6.152% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,173 | $1,235 | $1,574 |
Total Monthly Payment | $1,248 | $1,310 | $1,649 |
* 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.