Havre De Grace, MD
WINTER SAVINGS! 1/2 Off Options Up to $35,000 or $8,000 Towards Closing Costs! ‡
The Paddocks is ideal for those who want a relaxed, rewarding place to raise a family and a stately home, but not a grueling commute. The community is set just a couple of miles from I-95 in Harford County, MD and within easy access of Route 40 and Baltimore. Aberdeen Proving Ground is also within easy reach for military personnel and government contractors. The location is also ideal for the times when you’re home from work, because everything Havre de Grace has to offer is right at hand, particularly its waterfront downtown historic district on the Susquehanna River, with quaint shops, restaurants, a marina and several parks and public boat launch points. The Paddocks is also adjacent to the Havre de Grace Yacht Basin and Bulle Rock Golf Course. This truly is upscale living, without the upscale price.
• Luxury homes up to 6,000 square feet, ALL with brick fronts, beaded siding and extensive hardwood floors
• Up to 5 bedrooms and up to 4 baths
• 2 Minutes off I-95 and near Rt. 40 – easy commutes to Baltimore, northeastern Maryland, or even Wilmington or Philadelphia
• Harford County Schools
• Easy proximity to Aberdeen Proving Ground for BRAC relocating buyers
• Near award-winning Bulle Rock Golf Course and entertainment, shopping and history of Havre de Grace, MD
Directions:
-I-95 to exit 89 (Havre de Grace).
-Turn right on Md 155.
-Turn right onto Bulle Rock Parkway.
-Turn right on Monarchos Drive.
-Proceed to Zachary model on the right.
‡ 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
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 3/15/2010 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: $307,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.68%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.14%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $10,780
Loan amount: $302,412
Up front mortgage insurance amount: $5,201
$380 (Principal)
+ $1,197 (Interest)
+ $431 (Property Tax Estimate)
+ $36 (Hazard Insurance Estimate)
+ $139 (PMI Estimate)
+ $00 (Condo Fees)
- $333 (1st Year Tax Savings Estimate)
-------------------
$1,850 : 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.