2/8/2010 11:47:06 PM
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Sandy Spring Estates

Laurel, MD

Sandy Spring Estates Community

School District: Prince George's County Public Schools

Contact: (301) 498-5036

Location: (Directions)

Hours: Monday 12-6 Tuesday - Friday 10-6 Saturday & Sunday 11-6

The Federal Tax Credit has been extended for a limited time. Both 1st time buyers and current home owners may benefit. Ask for details.


Privacy knows no bounds in Sandy Spring Estates, a quaint enclave of ½-acre homesites just moments from I-95 and the Beltway. This secluded neighborhood of mature forest area and just 24 estate homes is as tranquil as it is conveniently located.

• Highly sought-after Western Laurel location
• Just minutes to I-95, Rt. 198 & Rt. 29
• Up to 5 bedrooms
• Up to 3 baths
• 3 levels
• 2-car garage
• Up to 5,000 sq. ft. of living space

Directions:

Selling from the Glens at Wellington:

- From I-495 take I-95 North to Rt. 198 E. (Laurel)
- Proceed 1/2 mile to 1st right on Van Dusen Rd.
- Continue approx. 1 mile to a left on Killbarron Dr.
- New decorated model is third house on left.

Models Available

Starting from the Upper $370'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 2/8/2010 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: $379,990
Interest Rate: 4.875%
Downpayment: 3.5%
Property Tax Rate: 1.578%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.14%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $13,300
Loan amount: $373,107
Up front mortgage insurance amount: $6,417

  $459  (Principal)
+ $1,516  (Interest)
+ $500  (Property Tax Estimate)
+ $44  (Hazard Insurance Estimate)
+ $171  (PMI Estimate)
+ $00  (Condo Fees)
- $422  (1st Year Tax Savings Estimate)
-------------------
$2,268 : Estimated Monthly Payment