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Proposed Construction at Watson Hill by Ashton Woods Homes!Nestled in the heart of the Ashley River Historic District, between the charming town of Summerville and the sought-after West Ashley area, lies Watson Hill--a scenic Ashton Woods community with roots dating back nearly 340 years. Surrounded by picturesque nature trails and the timeless beauty of the Lowcountry, this neighborhood offers a serene escape while being conveniently close to Charleston's work centers. Discover a collection of beautifully designed, single-family homes at Watson Hill. This listing features the popular Truman floor plan as a proposed construction, giving you the opportunity to personalize your home by selecting the homesite, exterior elevation, structural options, and design finish at our award-winning design studio. The Monroe floor plan offers 3-5 bedrooms, 2-3 bathrooms, a powder room, and a spacious open-concept layout. The estimated build time is 6-7 months, and the list price includes the base price for the Monroe plan along with a $2, 500 lot premium. Private, picturesque homesites are available to choose from! Prime Location & Amenities: Ideally situated between Summerville and West Ashley, Watson Hill offers easy access to all the Lowcountry's conveniences. Just a short drive to Downtown Summerville's Azalea Park and Hutchinson Square and a quick commute to Charleston's historic downtown and its pristine beaches, you'll have countless options for recreation and relaxation. Residents enjoy a wealth of amenities, including: Junior Olympic-sized pool with brick fireplace, covered seating, and a clubhouse with bathrooms and showers Pirate ship playground for kids Dog park for your furry companions Scenic walking trails winding through the trees Dedicated sports field for games and activities Open green spaces perfect for relaxation or outdoor fun Experience the perfect blend of nature, convenience, and modern living at Watson Hill!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $366,792 | $366,792 | $366,792 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.154% | 6.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,318 | $2,438 | $3,093 |
Total Monthly Payment | $2,393 | $2,513 | $3,168 |
* 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.