Fredericksburg, VA
Featuring the best value in the area including the most finished square footage, the Estates of Idlewild offers distinctive floor plans in a convenient location! Within 1 mile from I-95 and a 5 minute shuttle ride to the Fredericksburg VRE, Idlewild makes commuting easy while maintaining a small town feel. Escape to the beautiful, wooded, cul-de-sac homesites now available! Enjoy a stroll from the front porch of your home, along the sidewalk lined streets stopping at the the fountains in the Town Square. Enjoy the walking trails, playgrounds & more! Don't miss this unique opportunity to purchase in this historic, charming community!
• Located in Fredericksburg
• Up to 6 bedrooms, 5 bathrooms
• 2-car Attached Garage
• Wooded, cul-de-sac, walk out homesites
• Community amenities include walking trails, playgrounds, town square and more.
• Close proximity - 5 minutes from the VRE and 1 mile from I-95, close to Rte. 1 and Rte. 3
• Central Parke, the Spotsylvania Town Center, and Downtown Fredericksburg are all just a stones throw from the community
Directions:
-From I-95, take Rte. 3 (Exit 130A towards Fredericksburg).
-Take First right onto Gateway Blvd.
-Go .9 miles (go around circle and name changes to Idlewild Blvd.) past the information center to the model home on the Right. Parking is right out front.
‡ 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 $340's
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.462%, 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. 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: $344,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.62%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $12,075
Loan amount: $338,741
Up front mortgage insurance amount: $5,826
$426 (Principal)
+ $1,341 (Interest)
+ $178 (Property Tax Estimate)
+ $32 (Hazard Insurance Estimate)
+ $155 (PMI Estimate)
+ $00 (Condo Fees)
- $373 (1st Year Tax Savings Estimate)
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$1,759 : 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.