Charlottesville, VA
Purchase before 3/31/10 to receive $3,000 towards closing costs! ‡
An affordable luxury brick-front townhome community; featuring friendly tree lined streets, and sidewalks, just steps away from shopping and dining at the Hollymead Town Center. Abington Place is located off Route 29 only 15 minutes from downtown Charlottesville and 5 minutes from the National Ground Intellegence Center.
• Located 10 minutes North of Charlottesville on Route 29 at the Hollymead Town Center
• Up to 4 bedrooms and up to 3 ½ bathrooms
• All Brick Front, Luxury townhomes with spacious floorplans, open, airy designs and many of today’s most desirable features
• Custom options include: luxury owner’s bathroom, a gas fireplace, cherry or maple cabinets, solid surface or granite countertops, and hardwood or ceramic flooring options
• Walking distance to Hollymead Town Center with restaurants and fine retail shops including: Target, Harris Teeter, Starbucks, Bubbles Salon and Spa, Chevy Chase Bank, Video Warehouse, Bonefish Grill, TGI Friday’s and more
• Just a 5 minute commute to such Businesses as NGIC, GE®, & Crutchfield!
• Albemarle County School District
Directions:
From Charlottesville, take 29 N. to Hollymead Town Center (location of the new Target).
-Left onto Timberwood Blvd.
-Follow straight through 2 traffic circles.
-Left onto Lockwood Drive.
-Model ahead, 1st home on the right.
‡ This is a limited time offer and available only on new contracts when financing through NVR Mortgage. Please consult our sales representative for details.
Models Available
Starting from the Under $210's
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.439%, and 3.5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated taxes, insurance, up front mortgage insurance premium and estimated tax savings based on a 28% income tax rate. We recommend that you consult a Certified Public Accountant regarding your specific tax situation and details. Monthly payment does not include homeowner's association dues. The borrower is paying 0 discount point(s). A 1% origination fee is paid by the buyer. Mortgage insurance is included in these examples because the LTV is 96.5%. Qualifying and rates on loan programs may vary based on credit criteria, final amount of down payment, and are subject to current market pricing. APR may vary depending on rate and final loan program. Certain restrictions may apply. Rates effective 3/19/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details. NVR Mortgage Finance, Inc. is licensed by the Virginia State Corporation Commission as mortgage lender and broker, MC-528
Product: 30 Year FHA
Sales Price: $209,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.71%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $7,350
Loan amount: $206,187
Up front mortgage insurance amount: $3,546
$259 (Principal)
+ $816 (Interest)
+ $124 (Property Tax Estimate)
+ $19 (Hazard Insurance Estimate)
+ $95 (PMI Estimate)
+ $00 (Condo Fees)
- $227 (1st Year Tax Savings Estimate)
-------------------
$1,087 : Estimated Monthly Payment
Federal tax credit up to $8,000 for first-time buyers and $6,500 for move-up buyers available on homes under contract as primary residences by 4/30/2010 and settled by 6/30/2010. $8,000 tax credit is for first-time buyers or those who have not owned a primary residence in 3 years. The $6,500 credit is Available to Move-Up Buyers who have maintained the same principal residence for any 5-consecutive year period during the 8-year period ending on the date of the settlement. Income limitations and other restrictions apply. We suggest you consult a Certified Public Accountant and IRS.gov for tax advice and official requirements. Prices, financing and other offers subject to change without notice. See sales representative for details.