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Brace yourself as you walk into this 3 bedroom, 2 bath, waterfront home and look out the back at the canal leading out to Lake Marion. Picture your pontoon, bass boat or kayak up on the bank within walking distance to your back door. Gas fireplace warms up the winter nights. Ceiling fans for cooling off the summer days. Recessed LED lighting, open floor plan, separate laundry room. Plantation shutters, wainscoting, partial crown molding and beautiful shades. Both bathrooms have his and her sinks and tile showers. Plenty of storage and many upgrades. Look at the gorgeous back splash and quartz countertops in the kitchen. Home includes a Honeywell Generator, sprinkler system , 2 car garage and 3 car wide parking area. This would make a nice AB&B.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $388,000 | $388,000 | $388,000 |
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 | 7.007% | 7.050% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,421 | $2,549 | $3,248 |
Total Monthly Payment | $2,496 | $2,624 | $3,323 |
* 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.