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Welcome to Sheep Island, a DR Horton community just steps from Nexton. This exceptional homesite offers a serene retreat in a highly sought-after location! Just one mile from downtown Nexton, residents have easy access to grocery stores, dining, and entertainment, with Harris Teeter, Publix, Bad Daddy's Burgers, and Fuji Steak and Sushi House all a quick golf cart ride away. Fitness enthusiasts will love being close to HY LO Fitness, Three Keys Yoga, and Stretch Zone. Sheep Island provides resort-style amenities for all ages, including sidewalks, a resort-style pool, pickleball courts, and a dog park. The Reynolds floor plan is a gorgeous 2, 034 sqft two-story home featuring 4 bedrooms, 3. 5 bathrooms, and a detached garage. Its two-story design offers the perfect blend of modern living and convenience. Whether you're relaxing in the peaceful community or exploring the vibrant offerings of Nexton, the Reynolds provides an ideal combination of comfort, functionality, and location for an exceptional lifestyle. *All new homes will include D. R. Horton's Home is Connected® package, an industry leading suite of smart home products that keeps homeowners connected with the people and place they value the most. This technology allows homeowners to monitor and control their home from the couch or across the globe. Products include touchscreen interface, video doorbell, front door light, z-wave t-stat, keyless door lock all controlled by included Alexa Dot and smartphone app with voice! *Square footage dimensions are approximate. *The photos you see here are for illustration purposes only, interior, and exterior features, options, colors and selections will differ. Please reach out to sales agent for options.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $428,720 | $428,720 | $428,720 |
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% | 7.050% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,710 | $2,816 | $3,589 |
Total Monthly Payment | $2,802 | $2,908 | $3,681 |
* 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.