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Special Interest Rate with Closing Cost Assistance paid for by Builder. Your new chapter begins at 263 Grouper Lane, located in The Cove at Mallard Crossing. This alley-fed home is situated on a private lot. The Cove at Mallard is centrally located so that you can enjoy all that Summerville has to offer. Living here means provides an exceptional lifestyle. From modern floor plans, smart home features, and the highly regarded DD2 school district this thoughtfully designed community offers buyers the perfect balance of convenience, quality, and value in a brand-new home. Step into The Poplar, a beautifully designed two-story home offering modern comfort, thoughtful layout, and plenty of flexible living space. The inviting front porch leads into a bright foyer that opens to a spacious family room with an easy flow into the dining area and kitchen, creating the perfect setting for everyday living and entertaining. A convenient powder room and access to the covered patio and two-car garage complete the main level. Upstairs, the private primary suite features a generous bedroom, a well-appointed bathroom, and a large walk-in closet. Three additional bedrooms provide room for family, guests, or a home office, while the loft adds valuable bonus space for work or play. A centrally located laundry room and a full secondary bath enhance everyday convenience. An optional third bathroom layout is also available for added functionality. With its smart design, open living spaces, and comfortable bedroom layout, The Poplar offers the perfect blend of style and practicality. *The photos you see here are for illustration purposes only, interior, and exterior features, options, colors and selections will differ. Please reach out to sales agent for options.
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Our Executive Mortgage Banker:
$393,770
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 | $315,016 | $315,016 | $315,016 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,940 | $1,989 | $2,616 |
| Total Monthly Payment | $2,015 | $2,064 | $2,691 |
* 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.