Lorain, OH
At Deerfield, you’ll find everything you want most in a single-family home at remarkably affordable prices. In addition to lovely homes and a beautiful setting, this thoughtfully designed community offers a pool and clubhouse for an even more luxurious quality of life. Nearby Lake Erie provides fishing, boating and other recreation, while minutes away, Route 2 and I-90 offer quick commuter access.
• Located in Lorain, OH
• Up to 4 bedrooms and 2 ½ bathrooms
• 2-car garage
• Custom options include: morning room, gourmet kitchen, finished basement, fireplaces, hardwood and ceramic floors and more
• Pool and clubhouse
• Amherst City Schools
• Nearby Lake Erie provides fishing and boating; Metro Parks offer other recreational opportunities
• Minutes from Route 2 and I-90 for easy commuting
Directions:
-Take Rt. 90 W. to Rt. 2 W.
-Take the exit for Oak Point Rd.
-Proceed north on Oak Point to community on the left
For Navigation Use:
6520 Buck Horn Blvd.
Lorain, OH 44053
Models Available
Starting from the Upper $150's
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.875%, an APR not to exceed 5.574%, 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 2/9/2010 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: $156,990
Interest Rate: 4.875%
Downpayment: 3.5%
Property Tax Rate: 1.29%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $5,495
Loan amount: $154,147
Up front mortgage insurance amount: $2,651
$190 (Principal)
+ $626 (Interest)
+ $169 (Property Tax Estimate)
+ $26 (Hazard Insurance Estimate)
+ $71 (PMI Estimate)
+ $00 (Condo Fees)
- $174 (1st Year Tax Savings Estimate)
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$907 : Estimated Monthly Payment