Springboro, OH
Ryan Homes is excited to announce our new community, Richard’s Run in Springboro! Here, you’ll find oversized tree-lined homesites situated close to walking paths and the peaceful Richard’s Run Creek that borders the neighborhood. Located in the heart of Springboro, Richard’s Run offers easy access to Dorothy Lane Market, the Dayton Mall, YMCA, and a variety of specialty shops and restaurants in the historic Springboro district. Customize your new home with a wide assortment of floor plans and features that Ryan Homes has to offer! Please visit the Greens of Bunnell Hill model for information.
-Located in Springboro
-Up to 5 bedrooms
-2 or 3 car garage
-Award-winning single family home designs that feature gourmet kitchens, luxury owner’s baths, brick fronts, and open 2-story foyers
-Generously sized homesites
-Convenient location to shopping, dining, and everyday conveniences
Directions:
-I-75 to east on 73
-¼ mile east of 741
For Navigation Use:
36 Sandelwood Street
Springboro, Ohio 45066
Models Available
Starting from the Mid $170'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.
Product: 30 Year FHA
Sales Price: $175,490
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: $6,142
Loan amount: $172,311
Up front mortgage insurance amount: $2,964
$217 (Principal)
+ $682 (Interest)
+ $146 (Property Tax Estimate)
+ $29 (Hazard Insurance Estimate)
+ $79 (PMI Estimate)
+ $00 (Condo Fees)
- $190 (1st Year Tax Savings Estimate)
-------------------
$964 : 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.