Noblesville, IN
FIRST TIME HOME BUYERS DON'T MISS OUT ON THE $8000 TAX CREDIT!
FREE MORNING ROOM ON ALL PLANS, EXCLUDING THE PISA!
1 Point Towards Closing Costs at NVR Mortgage! ‡
If you absolutely live for free time, you’ll absolutely love Horizons at Cumberland Pointe. This refreshing Noblesville community has 21 acres of lush green space, its own park with a tree preserve, a large playground, walking paths and nature trails, a picnic shelter and a scenic lake overlook. In the surrounding area there are even more ways to fill your free time, because Horizons at Cumberland Pointe is minutes from the Verizon Wireless Music Center, the Mud Creek Players live theater venue, and the new Hamilton Town Center; an open streetscape of stores, restaurants, gathering spots and a multiplex movie theater with an IMAX. When you live at Horizons at Cumberland Pointe, free time is priceless! Come and see why Cumberland Pointe is one of Hamilton County's best new home communities!
• Single-family homes with up to 5 bedrooms and up to 3 baths on 2 levels
• 2-car garages
• Extensive community green spaces and lush landscaping
• Near shopping, dining and family entertainment at Hamilton Town Center Mall
Directions:
To Visit the Community / Model ~
Directions from the South:
Take I-465 to I-69 North
On I-69 take exit 5 (116th St. Exit)
Bear Left onto SR 37 North
Take a Right onto 146th Street
Left onto Cumberland Road
Right onto Cumberland Pointe Blvd
Right onto Golden Drive
Turn right onto Harmon Place
Harmon Place will veer left and turn into Fount Street
Take a right onto Gallow Lane
Model is on your 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 $110'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: $115,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $4,060
Loan amount: $113,889
Up front mortgage insurance amount: $1,959
$143 (Principal)
+ $451 (Interest)
+ $97 (Property Tax Estimate)
+ $19 (Hazard Insurance Estimate)
+ $52 (PMI Estimate)
+ $00 (Condo Fees)
- $125 (1st Year Tax Savings Estimate)
-------------------
$637 : 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.