Waldorf, MD
The Federal Tax Credit has been extended for a limited time. Both 1st time buyers and current home owners may benefit. Ask for details.
**Purchase now and receive a Finished Rec Room + $10,000 towards closing costs!** ‡
Model Home Investment Opportunity
The Naples - $319,990. Up to 2% toward closing costs w/ NVR Mortgage.
Lease amount $2600 per month with 20% down & 12-month initial lease term then month-to-month. Call for details!
Ryan Homes' newest Charles County community,Piney Grove, was designed with your needs in mind – fabulous home designs in a convenient location at an affordable price! Now you don’t have to choose between price, convenience and style. Ryan Homes at Piney Grove has it all.
• Located in Waldorf, MD
• Up to 5 bedrooms and 3-1/2 bathrooms
• 2-car garage
• Conveniently located near the National Harbor and the I-95/I-495 commuter routes
• Minutes from shopping and dining in Waldorf
Your new home awaits!
Directions:
- Take I-495 to Exit 3B/Route 210 South
- Continue approximately 11 miles
- Turn left on Route 228
- Turn right on Middletown Road
- Turn left on Sedgewick Drive
- Turn left at the 3rd court onto Vess Court
- Turn right on Kincaid Dr
- Model straight ahead
‡ 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 Upper $290'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 5.462%, 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 3/10/2010 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: $299,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.2%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.14%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $10,500
Loan amount: $294,556
Up front mortgage insurance amount: $5,066
$371 (Principal)
+ $1,166 (Interest)
+ $300 (Property Tax Estimate)
+ $35 (Hazard Insurance Estimate)
+ $135 (PMI Estimate)
+ $00 (Condo Fees)
- $324 (1st Year Tax Savings Estimate)
-------------------
$1,682 : 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.