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The Cordesville Mini-Farm consists of 32. 43 surveyed acres on Highway 402 in Berkeley County. This property is just across Highway 402 from Kensington Plantation - Hyde Park, Bonneau Ferry, and Limerick Plantations are close by. The property is entirely wooded and is zoned Flex-1. There is one road accessing the property off Highway 402, as well as Buster's Paradise Road that runs the Western boundary. The majority of this parcel is high ground and Lidar map is attached. There are several large White Oaks and Live Oaks within the property that could be highlighted and enhanced with mulching. Great opportunity to be in the East Branch of the Cooper plantation neighborhood. This property lies just 33 miles from downtown Charleston and only 14 miles to Moncks Corner, this property is rural- but conveniently located.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $791,200 | $791,200 | $791,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.848% | 6.613% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,807 | $5,001 | $6,838 |
Total Monthly Payment | $4,899 | $5,093 | $6,930 |
* 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.