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Take advantage of builder credits offered by Grace Homebuilders. Use it toward closing costs, interest rate buy down, or even a price reduction, making homeownership more affordable than you think. Welcome to 104 Albert Dr in Honea Path, South Carolina. This brand new 3 bedroom, 2 bath ranch with bonus room offers approximately 1, 554 square feet of thoughtfully designed living space on a spacious 0. 52 acre lot with no HOA. The open-concept floor plan creates a seamless flow between the living room, dining area, and kitchen, perfect for both everyday living and entertaining. The kitchen will feature granite countertops, soft-close cabinetry, and stainless steel appliances, combining modern style with practical functionality. The split-bedroom layout provides added privacy for the primary suite, while durable vinyl flooring in main areas and carpet in bedrooms offer a balance of comfort and low maintenance. Upstairs, the bonus room above the 2-car garage provides flexible space ideal for a home office, playroom, media room, or guest area. The layout shown in the floor plan highlights efficient use of space with great flow and functionality. Situated on over half an acre, this property offers room to enjoy outdoor living without the restrictions of an HOA. This home also qualifies for USDA financing, giving eligible buyers the opportunity for little to no money down. Located in Honea Path, enjoy small-town living with convenient access to Anderson, Greenville, and surrounding Upstate areas. Estimated completion is mid-June. Secure this home early and take advantage of builder credits while they last.
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Our Executive Mortgage Banker:
$275,000
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 | $220,000 | $220,000 | $220,000 |
| 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 | $25 | $25 | $25 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,301 | $1,355 | $1,796 |
| Total Monthly Payment | $1,401 | $1,455 | $1,896 |
* 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.