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Home location qualifies 100% USDA Rural Housing Loan financing for qualifying Buyers. Single level living with this brick ranch home located in established neighborhood with no HOA nor fees. At almost 3/4 acre the property has mature landscaping and fenced backyard. 2 car capacity garage is detached and features side yard door. Enjoy the outside with front and back covered porches. The number and sizes of living areas is amazing; with living, dining and den rooms. Home has been beautifully updated with modern finishes while keeping the 70's styling. Entry into formal living room is open to view of the oversized dining space finished with a window styled opening into kitchen. 3rd gathering area is a cozy flex room currently used as a den and provides open access to kitchen. Kitchen is finished with popular color tones and extra island styled workspace; both areas are easily accessed to backyard for grilling. Bedrooms are situated at end of hallway and the secondaries share a full bathroom. Primary bedroom with its private full bath finished with tiled walk in shower. Updates include all hard flooring, updated windows, roof, kitchen and baths. Beautiful Lake Hartwell and its public access areas are a short drive as is Clemson and Anderson University; shopping, schools and restaurants.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $237,600 | $237,600 | $237,600 |
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 | $46 | $46 | $46 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,502 | $1,561 | $1,989 |
Total Monthly Payment | $1,623 | $1,682 | $2,110 |
* 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.