Frederick, 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! Values pacakges available. ‡
Discover the unique, purely inspired lifestyle afforded by Villages of Urbana, where urban convenience meets traditional hometown charm. This masterfully planned community features a plethora of amenities, including a community pool & clubhouse, tennis courts, walking trails, schools, a new town center/market district with shopping, dining and much more. Though this idyllic atmosphere makes it hard to leave, should you ever need to, I-270, I-70 and downtown Frederick are just minutes away.
• Located in Frederick, MD
• 3 bedrooms and up to 3-1/2 baths
• Up to 2,500+ square feet of living space
• Urban-style townhomes with brick facade, 3 finished levels, and LOTS of included features
• Masterfully planned community evoking traditional hometown charm of yesteryear while offering all of today’s most modern conveniences
• Easy access to I-70, I-270 and Route 80
Directions:
- Take I-270 North to Exit 26 (Urbana)
- Turn left on Route 80 (Fingerboard Road)
- Continue straight through roundabout
- Cross over Rt. 355 at traffic signal
- Turn left onto Worthington Blvd.
- Make first right onto Tabard Lane
- Fairmont model on left - 3577 Tabard Lane
‡ 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 $290's
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.875%, an APR not to exceed 5.585%, 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 0.125 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 12/4/2009 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: $294,990
Interest Rate: 4.875%
Downpayment: 3.5%
Property Tax Rate: 1.2%
Origination Fee: 1%
Discount Points: 0.125%
Hazard Insurance: 0.14%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $10,325
Loan amount: $289,647
Up front mortgage insurance amount: $4,982
$356 (Principal)
+ $1,177 (Interest)
+ $295 (Property Tax Estimate)
+ $34 (Hazard Insurance Estimate)
+ $133 (PMI Estimate)
+ $00 (Condo Fees)
- $327 (1st Year Tax Savings Estimate)
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$1,668 : Estimated Monthly Payment