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Take advantage of $7000 towards buyer concessions. Looking for a Southern lifestyle upgrade at a great value? Welcome to 233 Calm Water Way in The Coves at The Lakes of Cane Bay -- where comfort meets convenience in one of Summerville's most sought-after communities. This spacious 3, 076 SQFT home offers 5 bedrooms and 2. 5 bathrooms, with the primary suite conveniently located on the first floor, complete with a generous sitting area for relaxing or unwinding. The fifth bedroom is a versatile bonus space -- ideal as a game room, home theater, or guest suite. One of the best rooms in the house is the walk-in attic. You'll just have to see it yourself!Inside, you'll find a well-maintained home with an open, functional layout designed for everyday living and entertaining alike. Step outside and enjoy direct access to the 300+ acre Cane Bay lake system, with a neighborhood dock just steps away - perfect for kayaking, paddle boarding, or simply enjoying a peaceful sunset by the water. Cane Bay is a golf cart-friendly community, allowing you to ride to top-rated schools, Publix, dining, and even one of the largest YMCAs in South Carolina. With miles of scenic trails, beautiful natural surroundings, and a welcoming atmosphere, this is Lowcountry living at its finest. Don't miss your opportunity to make this lake-access home yours - schedule your showing today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,594 | $2,695 | $3,430 |
Total Monthly Payment | $2,686 | $2,787 | $3,522 |
* 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.