Glen Burnie, MD
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Opening this Spring.
Directions:
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Models Available
Starting from the Upper $220's
Product: 30 Year FHA
Sales Price: $229,990
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: $8,050
Loan amount: $225,824
Up front mortgage insurance amount: $3,884
$284 (Principal)
+ $894 (Interest)
+ $230 (Property Tax Estimate)
+ $27 (Hazard Insurance Estimate)
+ $104 (PMI Estimate)
+ $00 (Condo Fees)
- $249 (1st Year Tax Savings Estimate)
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$1,290 : 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.