Hanover, PA
Free Finished Lower Level or Included Morning Room or $5,000 Towards Closing Costs!* ‡
South Pointe invites savvy homebuyers to discover a welcoming community that features picturesque homesites of up to ½ acre and well-appointed homes within 20 minutes of Westminster and 40 minutes from Owings Mills. Outdoor recreation, everyday conveniences and major roadways are all easily accessible, too.
• Located in Hanover, PA
• Up to 5 bedrooms and up to 4 ½ bathrooms
• Picturesque homesites of up to ½ acre
• Prices more than $100,000 less than neighboring Carroll County
• Outdoor recreation available at nearby Codorus State Park, Lake Harburg and Long Arm Reservoir
• Just 40 minutes from Owings Mills and 20 minutes from Westminster
• A short distance from Maryland state line
Model: 2000 Waterfall Drive, Hanover, PA 17331
GPS: 1977 Baltimore Pike, Hanover PA 17331
Directions:
-From I-695, Take I-795N. (Northwest Expressway) approx. 8 miles to Rt 30N.
-Proceed 19 miles on Rt 30N which becomes Rt 94N at MD/PA line.
-Proceed about 4 miles on PA-94N and turn left on Fairview Drive.
-Left on Oak Hills Drive.
-Left on Waterfall Drive.
-Proceed to model 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 Under $210's
Decorated Model
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.5%, an APR not to exceed 5.247%, 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 0.875 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 11/20/2009 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: $204,990
Interest Rate: 4.5%
Downpayment: 3.5%
Property Tax Rate: 1.87%
Origination Fee: 1%
Discount Points: 0.875%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $7,175
Loan amount: $201,277
Up front mortgage insurance amount: $3,462
$265 (Principal)
+ $755 (Interest)
+ $319 (Property Tax Estimate)
+ $34 (Hazard Insurance Estimate)
+ $92 (PMI Estimate)
+ $00 (Condo Fees)
- $210 (1st Year Tax Savings Estimate)
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$1,256 : Estimated Monthly Payment