COACHMAN PLANTATION RESIDENTIAL LOT - Don't miss your opportunity to build the home you've been dreaming of! Offering a spacious ±1. 83 acres in a fantastic community with outstanding amenities, 25 Modesto Lane is what you've been searching for! This hidden gem is surrounded by beautiful, large homes where pride of ownership is evident. Located on a private road near the Enoree River, Coachman Plantation is an established neighborhood currently zoned for Rudolph Gordon and Fountain Inn High School. Positioned approximately ±15-25 minutes from GSP Airport, Five Forks, Simpsonville, Fountain Inn, and Woodruff in any direction! The property has passed soil testing and the septic permit is on file. This is a private road and appropriate hours are required. It is advisable to be escorted by a Real Estate Licensee.
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Our Executive Mortgage Banker:
Our Insurance Division:
$137,681
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $110,145 | $110,145 | $110,145 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $733 | $732 | $929 |
Total Monthly Payment | $808 | $807 | $1,004 |
* 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.