Elkridge, MD
Fairgate - $8,000 Ryan Homes Stimulus Package!*
Fairmont - Finished Lower Level AND $6,000 Towards Closing Costs!* ‡
Experience the gracious lifestyle afforded by the thoughtful design and luxurious feel of Belmont Station. This spacious townhome enclave backs to woods and invites good times, relaxation and a true community feel with tree-lined streets, recreation areas and a state-of-the-art clubhouse and swimming pool. Just down the road await the endless dining, shopping and entertainment options of Columbia and the Arundel Mills Mall.
• Located in Elkridge, MD
• 3 bedrooms and 2 ½ bathrooms
• 1 or 2-car garage
• Gracious townhomes with stone façade, 3 levels, 9-foot ceilings on 1st floor and well-equipped kitchen with G.E.® appliances and 42" cabinets
• Esteemed Howard County School District
• Endless dining, shopping, and entertainment options of Columbia and the Arundel Mills Mall just down the road
• Easy access to Route 100 and I-95
Directions:
-From I-95, take Rt. 100 E. to Exit 6 (Rt. 1 N.) towards Elkridge.
-Follow to a right onto Amberton Dr.
-Turn left onto Selnick Dr.
-Continue to a right on Red Clay Forge.
-Right on Tasker Falls and follow to model home on 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 Upper $290's
Decorated Model
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.462%, 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 or condominium association dues. The borrower is paying 0.25 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: $299,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.34%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.14%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $10,500
Loan amount: $294,556
Up front mortgage insurance amount: $5,066
$371 (Principal)
+ $1,166 (Interest)
+ $335 (Property Tax Estimate)
+ $35 (Hazard Insurance Estimate)
+ $135 (PMI Estimate)
+ $00 (Condo Fees)
- $324 (1st Year Tax Savings Estimate)
-------------------
$1,717 : Estimated Monthly Payment