Farmington, NY
$8,000 in Free Options!
Call for more information on an Included Morning Room!!!!
‡
Exceptional convenience is just the beginning at Auburn Meadows. This new home community is surrounded by protected parklands and within minutes of the Village of Victor, this tranquil single-family home community is served by the desirable Victor School District and boasts low Farmington taxes just outside of Rochester, NY.
• Located in Farmington, NY
• Up to 4 bedrooms and up to 2 ½ bathrooms
• Over 1,400 square feet
• 2-car garage
• Full basement, generous lighting package and dishwasher
• 10-year structural warranty, Energy Star rating, poured 8’ basement walls, Delta MS water-proofing
• Surrounded by protected parklands
• Esteemed Victor School District
• Low Farmington taxes
• Minutes from the Villages of Victor
Directions:
-From the Thruway, stay on Rt. 332 South for approximately 2 miles.
-Right onto County Rd. 41.
-Continue approximately .5 miles to New Michigan Rd. on the left.
-Model on right.
For Navigation Use:
1484 New Michigan Road
Farmington, NY 14425
‡ 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 $160'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 5.439%, 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.
Product: 30 Year FHA
Sales Price: $164,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 2.7%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.23%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $5,775
Loan amount: $162,002
Up front mortgage insurance amount: $2,786
$204 (Principal)
+ $641 (Interest)
+ $371 (Property Tax Estimate)
+ $32 (Hazard Insurance Estimate)
+ $74 (PMI Estimate)
+ $00 (Condo Fees)
- $178 (1st Year Tax Savings Estimate)
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$1,144 : 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.