Providence Forge, VA
Receive $2,500 towards Closing Costs!
Homesite Special:
Lot 58, The Venice for only $204,990! 4 bdrm,2.5 bath, 2 car garage and much much more! Call for details! ‡
Exquisite may be the first word that comes to mind as you pass into Oakmont Villas at Kentland. Built around the Tradition Golf Club at Royal New Kent, this breathtaking community inspires a lifestyle of true luxury. Amenities will include homes backing to the golf course or wetlands, pools, clubhouses, walking trails and more, within a tranquil countryside location just between Richmond and Williamsburg. Low New Kent County taxes also make this exceptional community remarkably affordable. Come and see why Oakmont Villas is one of New Kent County’s best new home communities.
• Located in Providence Forge, VA
• Up to 3 bedrooms and up to 3 bathrooms
• 2-car garage
• Ranch and 2-story homes available
• Maintenance-free villas with gracious appointments, bright, open floorplans and abundant options for customization
• Homesites back to The Tradition Golf Club at Royal New Kent or wetlands
• Basement Homesites Available
• Stunning countryside community with pools, clubhouses, walking trails and more
• Low New Kent County taxes
• Ideally situated between Richmond and Williamsburg
Directions:
-Take I-64 to Exit 214 (Providence Forge).
-Take Rt. 155 S for 0.25 mi. to a left on Kentland Trail.
-Go 1.5 mi. to Glyndon model on right.
GPS Address: 5848 Nandina Circle
Providence Forge, VA 23140
‡ 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 $180'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. 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: $182,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $6,405
Loan amount: $179,676
Up front mortgage insurance amount: $3,090
$226 (Principal)
+ $711 (Interest)
+ $152 (Property Tax Estimate)
+ $17 (Hazard Insurance Estimate)
+ $82 (PMI Estimate)
+ $00 (Condo Fees)
- $198 (1st Year Tax Savings Estimate)
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$991 : 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.