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Discover Covington Village, a new home community in the lively and green city of Greer, SC. Come visit us to find your new home in Greer at Covington Village. Residents will enjoy the community amenities including a playground, firepit, pergola with picnic tables, and a cornhole area. In addition to the maintenance free community that provides landscaping and lawn maintenance. The Newton is a spacious and modern home designed with open concept living in mind. This home features three bedrooms, two and a half bathrooms and a one-car garage. The moment you step inside, you’ll be greeted by an inviting foyer that leads directly into the heart of the home. At the center of the home is a spacious living room that blends the dining area and kitchen creating an inclusive atmosphere. The kitchen is well equipped with a pantry, modern appliances, ample cabinet storage, providing a elegant space for culinary endeavors. The primary suite offers a large walk-in closet and en-suite bathroom with dual vanities. The additional two bedrooms provide comfort and privacy and share a full bathroom. The laundry room completes the second floor. Additional features are ample storage closets and large windows. With its thoughtful design, spacious layout, and modern conveniences, the Newton serves as home built for functionality and connectiveness. The Newton is the perfect home for you. Come visit us to find your new home in Greer at Covington Village.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $199,192 | $199,192 | $199,192 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.000% | 7.017% | 6.120% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,243 | $1,309 | $1,667 |
Total Monthly Payment | $1,318 | $1,384 | $1,742 |
* 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.