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*Est. completion June 2025* The Sweetgrass plan- This 4 bed 2. 5 bath home features LVP flooring throughout the first floor, open railing with white pickets to the second floor and a covered back porch. The kitchen is complete with white cabinets, subway tile backsplash, granite countertops, pantry, large island and stainless steel appliances (gas range, microwave, dishwasher). At the top of the second floor is the large owners suite with a huge walk in closet and en suite bath complete with dual sinks, water closet and walk in shower with bench seat. In addition to the owner suite on the 2nd floor there are also 3 additional bedrooms, laundry, secondary bath and large landing that could be used as a loft. Sit on your front porch and enjoy all the peace and quiet of Summers Corner!Summers Corner is a welcome retreat from the hectic pace of life located in the perfect spot between town and country. At Summers Corner everything is done with intention. . . from the trails that take you to schools, parks, secret gardens and Buffalo Lake. Discover the artful birdhouses that support not just birds but the entire local ecosystem. Homes include front porches that are designed to be lived on - not just looked at. Discover and explore the active outdoors from kayaks and fishing on the lake to hik-ing and biking clubs. The thanks to the East Edisto Conservancy, the land will retain its rural character .
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $287,622 | $287,622 | $287,622 |
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 | $1,818 | $1,889 | $2,408 |
Total Monthly Payment | $1,893 | $1,964 | $2,483 |
* 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.