Woodbridge, VA
$8,000 Towards Closing Costs!
For a limited time. ‡
Designed to provide residents not just a home, but a lifestyle, Reid’s Prospect is a dynamic new community in Prince William County boasting phenomenal amenities, an exceptional location and a highly convenient planned town center. Live within walking distance of shopping, dining and recreation and enjoy neighborhood lakes, parks, a clubhouse, pool and more. You will also enjoy tremendous convenience with Old Town Historic Occoquan, Prince William Parkway and I-95 are just minutes away.
• Located in Lake Ridge, VA
• Up to 4 bedrooms and up to 4 ½ bathrooms
• 2-car garage
• Luxury single-family homes appointed with today’s most sought-after features ranging from 2,261-4,571 sq. ft.
• Stunning community with extensive future walking trails, beautiful community lakes and parks, clubhouse complex and outdoor pool
• Walking distance to future town center with shopping, dining and recreation
• Within minutes of Old Hickory Golf Course, Old Town Historic Occoquan, Prince William Parkway and I-95
Directions:
From Route 123:
-Take Old Bridge Road 5.1 miles to continue straight onto Prince William Parkway.
-Proceed 0.7 miles to a right onto Greatbridge Rd. (formerly Asdee Lane)
-Right onto Stonelined Circle
-Left onto Davis Fairfax Ln.
-Model on Right
From I-95:
--Take Exit 158 - Prince William Parkway West
-Follow for 5 miles to a right onto Greatbridge Rd
-Right onto Stonelined Circle
-Left onto Davis Fairfax Ln
-Model on Right
For Navigation:
Prince William County Pkwy & Greatbridge Rd (formerly Asdee Ln.)
‡ 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 $380'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 3/16/2010 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: $389,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.2891%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $13,650
Loan amount: $382,926
Up front mortgage insurance amount: $6,586
$482 (Principal)
+ $1,516 (Interest)
+ $419 (Property Tax Estimate)
+ $36 (Hazard Insurance Estimate)
+ $176 (PMI Estimate)
+ $00 (Condo Fees)
- $421 (1st Year Tax Savings Estimate)
-------------------
$2,206 : 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.