Mechanicsburg, PA
Brokers Warmly Welcomed! 3% Commission - Please See Sales Rep for Details!
Included Morning Room or Free Finished Basement or $8,000 Towards Closing Costs! ‡
You’ll find absolute perfection in Rivendell, a majestic single-family home community in desirable Mechanicsburg. Enjoy a tranquil wooded setting replete with tree-lined streets, a stunning clubhouse and a sparkling pool in an ideal location close to major roadways, shopping, dining, entertainment, golf, minor league baseball and Riverfront Park.
• Located in Mechanicsburg, PA
• Up to 5 bedrooms and up to 4 ½ bathrooms
• Up to 4,000 square feet
• Magnificent single-family homes with elegant, graceful designs, open, airy floorplans and high-quality appointments including G.E.® appliances, Moen® faucets and Thomas® lighting fixtures
• Tranquil, wooded community with tree-lined streets, clubhouse and pool
• Within moments of everyday conveniences, including a newly opened Wegman’s
• Close to shopping, dining, entertainment, golf, minor league baseball and Riverfront Park
• 20 minutes from downtown Harrisburg
• Minutes to I-81, I-83 and Route 581
Model Address: 203 Cloudless Sky Drive Mechanicsburg, PA 17050
GPS: 36 Woods Drive Mechanicsburg, PA 17050
Directions:
-Take Rt 581 to Exit 3 (Carlisle Pike).
-Turn right on Carlisle Pike and proceed approx 1.4 mi to a left on Silver Spring Rd.
-Proceed approx .75 mi to a right on July Breeze Drive, then right on Cloudless Sky Drive and the model is on the left.
‡ 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 $240's
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.462%, 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.
Product: 30 Year FHA
Sales Price: $246,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.86%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $8,645
Loan amount: $242,516
Up front mortgage insurance amount: $4,171
$305 (Principal)
+ $960 (Interest)
+ $383 (Property Tax Estimate)
+ $41 (Hazard Insurance Estimate)
+ $111 (PMI Estimate)
+ $00 (Condo Fees)
- $267 (1st Year Tax Savings Estimate)
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$1,533 : 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.