Adamstown, MD
Purchase now and receive a FREE Rec Room. Call for details. ‡
Adamstown Commons is a distinctive, masterfully planned community modeled after traditional all-American towns of yesteryear. Winding, tree-lined streets, walking trails, wide open spaces and stunning mountain vistas set a picturesque backdrop for distinctive single-family homes on homesites up to 1/3 acre. Nearby I-70, I-270, Route 15 and the MARC train provide easy access to work centers throughout the region, while historic downtown Frederick’s many amenities are just minutes away.
• Located in Adamstown, MD
• Up to 5 bedrooms and up to 5-1/2 bathrooms
• Up to 4,900 square feet of living space
• Up to 3-car garage
• Custom options include: full front porch, morning room and finished recreation room
• Homesites of up to 1/3 acre
• Included features: hardwood foyer & powder room, maple kitchen cabinetry, upgrade kitchen appliance package, 6"x6" ceramic tile in upstairs bathrooms
• Charming neighborhood with winding, tree-lined streets, walking and biking trails, acres of common areas and park-like space, wrought-iron lamp posts and stunning mountain vistas
• Just minutes from downtown Frederick’s fantastic dining, shopping, entertainment and culture
• Easy access to I-70, I-270, Route 15 and the MARC train
** Some homesites may carry a premium
Directions:
- Take 270 N. Take Exit #26 (80 W).
- Turn left onto 85 S.
- Turn right onto Adamstown Rd.
- Turn left onto Mountville Rd.
- Turn right onto Adamstown Commons Dr.
- Turn left on Mae Wade Dr.
- Model is located on right - 2600 Mae Wade Drive.
‡ 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 Low $310's
Decorated Model
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.462%, 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 0.25 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 3/16/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details.
Product: 30 Year FHA
Sales Price: $314,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.2%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.14%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $11,025
Loan amount: $309,285
Up front mortgage insurance amount: $5,319
$389 (Principal)
+ $1,224 (Interest)
+ $315 (Property Tax Estimate)
+ $37 (Hazard Insurance Estimate)
+ $142 (PMI Estimate)
+ $00 (Condo Fees)
- $340 (1st Year Tax Savings Estimate)
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$1,766 : 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.