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SPECIAL INTEREST RATE WITH CLOSING COST ASSITANCE PAID FOR BY BUILDERWelcome to 8 Castle Hill Drive in the beautiful waterfront community of River's Reach, just minutes from Beaufort and ideally situated between Savannah and Charleston with convenient access to I-95. This rare waterfront opportunity offers sweeping marsh views and access to the community's private boat dock -- perfect for embracing Lowcountry living. The Archer floor plan features a thoughtfully designed two-story layout with flexible living spaces ideal for both everyday comfort and entertaining. The primary suite is located on the main level, along with an additional bedroom, full bath, and a versatile flex room perfect for a home office or hobby space. The open-concept living room flows seamlessly into the dining area and kitchen, creating the heart of the home. Upstairs, you'll find a private bedroom and bath plus a spacious bonus room ideal for a media room, game room, or second living area. Enjoy peaceful sunsets, natural surroundings, and modern comfort in one of the South Carolina coast's most desirable settings. *Square footage dimensions are approximate. The photos you see here are for illustration purposes only, interior, and exterior features, options, colors, and selections will differ. Please reach out to a sales agent for options.
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Our Executive Mortgage Banker:
$410,805
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $328,644 | $328,644 | $328,644 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.398% | 5.710% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,944 | $2,024 | $2,684 |
| Total Monthly Payment | $2,019 | $2,099 | $2,759 |
* 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.