Boiling Springs, SC
Prices shown for this community reflect a $15,000 TEMPORARY PRICE REDUCTION available on new contracts for a limited time only!*
‡
Panoramic views of the Blue Ridge foothills set a breathtaking backdrop for the quiet country charm that fills Cobb’s Creek. This inviting community enjoys a picturesque setting of rolling meadows, mature hardwood trees and gracious single-family homes, plus a resort-style pool and cabana. Its well-chosen location just 5 minutes from bustling Hwy 9 also provides easy access to everyday conveniences, I-85 and Spartanburg.
• Located in Boiling Springs, SC
• Up to 6 bedrooms and up to 5 bathrooms
• Up to 3,300+ square feet
• Ranch, 2- and 3-story homes available
• Panoramic views of the Blue Ridge foothills with rolling meadows, bordered by tall hardwood trees
• Resort-style pool and cabana
• Just 5 minutes from Hwy. 9’s everyday conveniences
• Easy access to Spartanburg, I-85 and beyond
Directions:
-Take I-85 N to left on Hwy 9 (Exit 75.)
-Travel 2.7 miles to right on Old Furnace Rd (just before Bi-Lo.)
-Travel 1.2 miles to left on Mason.
-Follow to end of Mason to right on Bible Church Rd.
-Community is .4 mile on the left.
‡ 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 Mid $110'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.
Product: 30 Year FHA
Sales Price: $115,900
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.87%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.25%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $4,057
Loan amount: $113,801
Up front mortgage insurance amount: $1,957
$143 (Principal)
+ $450 (Interest)
+ $84 (Property Tax Estimate)
+ $24 (Hazard Insurance Estimate)
+ $52 (PMI Estimate)
+ $00 (Condo Fees)
- $125 (1st Year Tax Savings Estimate)
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$629 : 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.