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What if your property came with approved home plans and was READY TO BUILD? This is what this listing brings! All approvals are in place! Kiawah Island is loaded with golf and beach amenities along with several local restaurants, Freshfields Village and Bohicket Marina. Located in the Preserve community on the northeastern end of Kiawah near Osprey Point and The Ocean Course, this natural, . 5 acre wooded, lagoon home site offers privacy among beautiful neighboring homes. The Preserve is known for its lagoons, creeks and wildlife which you'll enjoy as you come and go, or while on a relaxing bike ride or walk. This homesite has marsh views along with peeks of the Kiawah River. The Preserve has a community dock, kayak launch and boat house, along with a picnic area, that are just down the street. Kayak storage available, too! Governor's Club membership is optional bonus. At closing buyer is to pay . 5 of 1% of sales price to KICA as a onetime fee.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.601% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,182 | $4,349 | $5,917 |
Total Monthly Payment | $4,274 | $4,441 | $6,009 |
* 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.