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This beautiful lot offers water views in the sought-after Lake Rabon Estates, a peaceful lakefront community. A septic permit is already in place, and the lot has been surveyed with corner markings (as of 8/24/2023). Located just a short drive from Greenville, this serene retreat provides the perfect balance of seclusion and convenience. Lake Rabon Estates is an active neighborhood with a variety of amenities, including a community boat ramp, dock, clubhouse, basketball court, children’s playground, and a secure, fenced boat storage area. Whether you enjoy swimming, fishing, kayaking, paddleboarding, or simply relaxing, this is the perfect place to experience all the joys of lakefront living. Boats with up to 15 hp and pontoon boats up to 30 hp are permitted, and the area is rich with wildlife, including deer and other animals. This spacious lot is ready for you to build your dream home and start living the lake life you've always wanted. Don’t miss out on this rare opportunity to own a piece of paradise at Lake Rabon!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $55,920 | $55,920 | $55,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $367 | $367 | $468 |
Total Monthly Payment | $442 | $442 | $543 |
* 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.