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Come fall in love with 513 Scarlet Oak Drive! This 4-bedroom, 2. 5-bathroom home in Parks Grove Subdivision is less than 1 mile to downtown Fountain Inn. The spacious floor plan features a HUGE living room w/gas fireplace that overlooks the breakfast room & open kitchen w/great cabinet space & a large pantry. The formal dining area & den provide extra room downstairs that would be great for working or schooling at home. Upstairs is the sizable owner’s bedroom with a great walk-in closet and private ensuite. Three additional bedrooms and another full bathroom finish out the spacious second level. Step outside to your PEACEFUL RETREAT! The private, screened-in porch and additional 14x13 deck, overlook the large, level yard that backs up to the WOODS & CREEK. Zoned for Fountain Inn H. S. with convenient access to I385, the Swamp Rabbit Trail, local restaurants, entertainment, parks and so much more! Call today to schedule your showing!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $320,000 | $320,000 | $320,000 |
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% | 7.063% | 6.132% |
Monthly Tax Payment | $130 | $130 | $130 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,023 | $2,102 | $2,679 |
Total Monthly Payment | $2,228 | $2,307 | $2,884 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.