2/9/2010 9:56:05 AM
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Stonehouse Glen

Toano, VA

Stonehouse Glen Community

School District: James City County

Contact: (757) 566-2561

Location: (Directions)

Hours: Monday 12pm-6pm; Tuesday-Friday 10am-6pm; Saturday 10am-5pm; Sunday 11am-6pm;

Receive $8,000 in Closing Costs!* Homesite Special - Lot 56, The Fairchild with Media Room, Finished Basement with Bathroom, Sitting Room, Luxury Owners Suite, Granite Countertops, Stainless Steel appliances, only 374,990! Call for details. ‡


Life doesn’t get much better than Stonehouse Glen. This stunning single-family home community boasts a magnificent wooded setting surrounded by the prestigious Tradition Golf Club at Stonehouse. Hit the links, lounge by the pool, or just relax in the comfort of your own elegantly appointed home. A central location just minutes from I-64 allows for easy access to downtown Williamsburg, Newport News and Richmond.

• Located in Toano,VA (Williamsburg)
• Up to 8 bedrooms and up to 7 bathrooms
• Up to 7,000+ square feet
• Up to 3-car, side-entry garage
• Elegantly appointed single-family homes on large wooded homesites with professionally landscaped lawns
• Included features include granite countertops, hardwood foyer, upgraded cabinets and appliances
• Custom options include: sunroom, morning room, walk-out basement, luxury owner’s baths, finished attic, brick front, cathedral ceilings and upgraded cabinetry
• Community surrounded by prestigious Tradition Golf Club at Stonehouse
• Future clubhouse and pool
• Close to I-64 for easy access to downtown Williamsburg, Newport News and Richmond

Directions:

Visit our New Model On Site:
- I-64 to exit 227
- Go North on Rt. 30 for 1/4 mile
- Turn Right on Fieldstone Pkwy
- Go 1.5 mi. to left on Stonehouse Glen
- Go .5 mi. and the model will be straight ahead

GPS:3301 Newland Court
Toano, VA 23168


‡ 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 Under $310's

**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.875%, an APR not to exceed 5.574%, 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 2/9/2010 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: $309,990
Interest Rate: 4.875%
Downpayment: 3.5%
Property Tax Rate: 1%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $10,850
Loan amount: $304,375
Up front mortgage insurance amount: $5,235

  $374  (Principal)
+ $1,237  (Interest)
+ $258  (Property Tax Estimate)
+ $28  (Hazard Insurance Estimate)
+ $140  (PMI Estimate)
+ $00  (Condo Fees)
- $344  (1st Year Tax Savings Estimate)
-------------------
$1,693 : Estimated Monthly Payment