Clarksburg, MD
Federal tax credit has been extended for a limited time . . . and this time first time AND current homeowners may be able to cash in! Ask for details!
Purchase now and receive a FREE finished Rec Room PLUS $7,000 toward closing cost assistance!* See Sales Rep for details.
Seamlessly blending the conveniences of today with the small town charm of yesterday, Arora Hills welcomes you with beautiful rolling hills, meandering streams, nature trails and acres of open space. This tranquil enclave of charming single-family homes includes amenities such as parks, pools and ball fields, while boasting incredible convenience to Route 27, I-270, Route 355 and the Milestone Shopping Center.
• Located in Clarksburg, MD
• Up to 4 bedrooms
• 2-car garage
• Charming single-family homes with spacious, open floorplans, luxurious appointments and meticulous craftsmanship
• Naturally beautiful setting with picturesque rolling hills, meandering streams, nature trails and acres of open space
• Quaint community with neighborhood amenities including pools, parks, ball fields and more
• Borders Ovid Hazen Wells Park, which comprises 290 acres and features playing fields, outdoor pavilions, indoor pool and playground
• Conveniently located off Route 27
• Just 2 miles from Milestone Shopping Center/ Route 355
• 3 miles from I-270
** This property is located in what is intended to be a development district [if and when the same is approved by the County] and, if not approved as a development district, is located in a district subject to a private infrastructure charge; and, any potential buyer should ask the seller about additional taxes or charges that may be applicable. **
Directions:
- Take I-270 N. to exit 16A (Rte. 27 E/Damascus)
- Go approximately 3 miles and make a left onto Skylark Road
- Make 1st right onto Yellowwood.
- Model is 3rd home on the left.
Models Available
Starting from the Mid $410'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: $415,990
Interest Rate: 4.5%
Downpayment: 3.5%
Property Tax Rate: 1.2%
Origination Fee: 1%
Discount Points: 0.875%
Hazard Insurance: 0.14%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $14,560
Loan amount: $408,455
Up front mortgage insurance amount: $7,025
$538 (Principal)
+ $1,532 (Interest)
+ $416 (Property Tax Estimate)
+ $49 (Hazard Insurance Estimate)
+ $187 (PMI Estimate)
+ $00 (Condo Fees)
- $426 (1st Year Tax Savings Estimate)
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$2,296 : Estimated Monthly Payment