Frederick, MD
CELEBRATE MARCH MADNESS ALL MONTH LONG AT TUSCARORA CREEK! Join us for our kickoff event this weekend – food and refreshments PLUS special March incentives for new sales all month long!
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Ryan Homes at Tuscarora Creek is just another example of how Ryan Homes combines modern day conveniences, with classic design, for an affordable price . . . all in one home and location! Why settle for price OR convenience when you can have BOTH? Take in the surrounding mountain views in Ryan Homes’ only townhome community located in Frederick.
• Located in Frederick, MD
• Up to 3 bedrooms and 2+ baths over 3 finished levels
• Up to 2,500 square feet of living space
• Shopping, dining, recreation and entertainment just minutes away in historic, downtown Frederick
• Convenient to commuter routes and the MARC Train
• Expansive back yards
• Open floorplan with Country Kitchen & choice of Sunroom or Morning Room
• Walk-out homesites & SO MUCH MORE!
Directions:
- Take Route 15 North
- Take Exit #16 Motter Ave./Opossumtown Pike
- Bear right onto Opossumtown Pike and proceed 2 miles
- Turn left onto Poole Jones Road
- Poole Jones Road becomes Walter Martz Road
- Turn right on Spring Run Drive
- Turn left on Spring Run Court
- Fairmont model on right
GPS Address: Intersection of Spring Run Dr & Walter Martz Rd, Frederick, MD 21702
‡ 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 Low $220'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: $222,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.85%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.14%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $7,805
Loan amount: $218,951
Up front mortgage insurance amount: $3,766
$275 (Principal)
+ $867 (Interest)
+ $344 (Property Tax Estimate)
+ $26 (Hazard Insurance Estimate)
+ $100 (PMI Estimate)
+ $00 (Condo Fees)
- $241 (1st Year Tax Savings Estimate)
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$1,371 : 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.