BROCKMAN FARMS – Boasting a unique opportunity to ASSUME A 2. 75 INTEREST RATE with the sellers current lender and potentially no appraisal requirement!!! Beautiful 2 year old, move-in ready, 1, 720 sqft home in the desirable Brockman Farms community! This home has been meticulously maintained and cared for! Situated on a cul-de-sac lot, you'll appreciate a gorgeous evening sunset view from the back patio while admiring a beautiful array of gardenias, plum trees, arborvitaes, and dogwood trees. This 3 Bedroom 2. 5 Bathroom home provides so many conveniences of new construction including a fantastic floor plan, all bedrooms have walk-in closets, laundry upstairs near bedrooms, and outstanding selections from the flooring, countertops, to paint colors! A full list of personal property that may remain is available! Seller has also provided a history of utility usage where you can truly see the energy efficiency of this home. Brockman Farms is a highly sought after community in the Spartanburg District 5 school district with amazing amenities. Move in just in time for summer days and make a splash at the community pool!
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Our Executive Mortgage Banker:
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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 | $239,920 | $239,920 | $239,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $141 | $141 | $141 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,458 | $1,458 | $1,896 |
Total Monthly Payment | $1,674 | $1,674 | $2,112 |
* 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.