Baltimore, MD
Ryan Homes Stimulus Package
$8,000 Towards Closing Costs! ‡
You’ll truly enjoy the best of both worlds at Wyndholme Woods, a new community of townhomes and condominiums in Baltimore City. Perched on a hilltop with picturesque views of the city, this metropolitan oasis combines the convenience of an urban lifestyle with the charm of suburban living. Passing by the entrance’s gracious stone walls, you’ll experience a sense of arrival marked by maintenance-free living, abundant parking and a serene, wooded setting. Yet the Beltway is less than a mile away, putting every downtown destination within easy reach. Head to Fells Point for a night out with friends, enjoy a short commute to the financial district or cheer on your team at Camden Yards. Neighboring Catonsville provides everyday conveniences, quaint shopping and dining, and plentiful outdoor recreation.
• Located in Baltimore City, MD
• 3 bedrooms and up to 3 ½ bathrooms
• Up to 2,585 sq. ft. of living space
• Timberlake® kitchen cabinetry
• G.E.® appliances
• Located 6 miles from the Inner Harbor and less than 1 mile to I-695
• Close to UMBC & Patapsco State Park.
Directions:
-Take I-695 to Exit 13 (Frederick Road)
-Take Frederick Rd East
-Continue for 1.5 mi
-Information center will be on the right, just after Veteran Cemetery.
‡ 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 $190's
Decorated Model
**Limited time only. Financing based on a 30 Year Conventional loan, with an interest rate of 4.875%, an APR not to exceed 5.621%, and 5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated taxes, insurance 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 95%. 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 3/17/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details.
Product: 30 Year Conventional
Sales Price: $193,440
Interest Rate: 4.875%
Downpayment: 5%
Property Tax Rate: 2.38%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.14%
PMI: 0.89%
Up Front MI: 0%
Downpayment Estimate: $9,672
Loan amount: $183,768
Up front mortgage insurance amount: $00
$226 (Principal)
+ $747 (Interest)
+ $384 (Property Tax Estimate)
+ $23 (Hazard Insurance Estimate)
+ $136 (PMI Estimate)
+ $00 (Condo Fees)
- $208 (1st Year Tax Savings Estimate)
-------------------
$1,307 : 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.