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Built in 2018, 5638 Dixie Plantation Road is a lightly lived in custom modular home on a 0. 25-acre lot. It is situated across the street from the 850+- acre protected Stono Preserve, owned by the College of Charleston. This charming cottage has three bedrooms and two full baths. There is a small deck and gravel seating area in the back, where you can enjoy all that Charleston's beautiful weather has to offer. The site is partially fenced with a privacy fence along the roadside and a white picket fence in front. The property is within walking distance to a small town of Hollywood Park at the corner of Towles Road. The town of Hollywood's pool and library, as well as the Stono Ferry golf course, are all within three miles. The Serenity Park on the Stono River is just two-and-a-half miles away off Highway 162 and Trexler Avenue. This property provides a tranquil semi-rural lifestyle, just a short distance from town.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $303,200 | $303,200 | $303,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,892 | $1,992 | $2,538 |
Total Monthly Payment | $1,967 | $2,067 | $2,613 |
* 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.