Laurel, MD
100% Financing Available!***
$8,000 Ryan Homes Stimulus Package! ‡
THE MOST AFFORDABLE NEW GARAGE TOWNHOMES IN NORTH LAUREL, MD!
Start with a location that’s a commuter’s dream – equidistant between Washington and Baltimore, near I-95 and Routes 216 and 29. Add luxurious garage townhomes with three finished levels and loads of included features. Fold in esteemed Howard County public schools and combine with convenient shopping, dining, entertainment and outdoor recreation opportunities. Hammonds Promise Overlook…the ideal recipe for your new home.
• Located in Laurel, MD
• 1-Car garage townhomes with up to 3 bedrooms and 2 ½ baths
• Up to 2,400 square feet of living space on 3 finished levels
• Brick accented exteriors and walkout basements available
• G.E.® appliances and Timberlake® cabinetry
• Energy Star® Certified
• Customization options include morning room or sunroom, gourmet kitchen island, extensive hardwood and ceramic tile flooring and a luxury owner’s suite with a sitting room and cathedral ceilings
• Near shopping, dining, I-95 and Routes 216 and 29
Directions:
-From Interstate 95, take route 35A, 216 East toward Laurel.
-Take the first exit onto Stephens Road.
-Follow to first traffic circle and take 2nd exit staying on Stephens Road.
-Follow to information center 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 Mid $290's
Product: 30 Year FHA
Sales Price: $295,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.2%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.14%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $10,360
Loan amount: $290,629
Up front mortgage insurance amount: $4,999
$366 (Principal)
+ $1,150 (Interest)
+ $296 (Property Tax Estimate)
+ $35 (Hazard Insurance Estimate)
+ $133 (PMI Estimate)
+ $00 (Condo Fees)
- $320 (1st Year Tax Savings Estimate)
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$1,660 : 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.