Welcome home to The Oaks at Midway! Come check out this one-story home in this brand new community that combines rustic tones with award-winning floor plans to create modern farmhouse inspired exteriors. This home is under construction with an estimated completion date of August 2023. If you’re searching for the open feel of a one story home, the Riverain may suit your needs perfectly. The Riverain appeals to first time home buyers, retirees, and all stages of families in between. Arched doorways lead from the foyer to the gallery and in to a wonderful open concept living space. The kitchen offers plenty of space for an island with cabinets for additional storage and a pantry. The kitchen is open to a breakfast area and a family room – an ideal setup for entertaining. Wait until you see the oversized island with Silestone countertops! A rear, covered patio makes for a great outdoor living space. Two bedrooms share a full bath away from the primary bedroom. The owner's suite is located at the back of the home for maximum privacy! This home is in a great location: close proximity to shopping, the YMCA, the interstate, and downtown Anderson and much more. Lake Hartwell, Clemson and downtown Greenville are all just a short drive away!
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Our Executive Mortgage Banker:
Our Insurance Division:
$366,905
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 | $293,524 | $293,524 | $293,524 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,953 | $1,928 | $2,475 |
Total Monthly Payment | $2,028 | $2,003 | $2,550 |
* 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.