Lorain, OH
Introducing The Meadows at Deerfield, a thoughtfully planned community that enables discerning homebuyers the opportunity to own their dream home at an exceptional price! This charming neighborhood boasts well-appointed single-family homes and a sparkling pool and clubhouse. Nearby Lake Erie and Metro Parks provide endless choices for outdoor recreation, while easy access to Route 2 and I-90 allows for quick commuting.
• Located in Lorain, OH
• Up to 4 bedrooms and 2 ½ bathrooms
• 2-car garage
• Well-appointed single-family homes
• Community pool and clubhouse
• Enjoy fishing and boating at nearby Lake Erie
• Amherst City Schools
• Metro Parks offers endless recreational opportunity
• Minutes from Route 2 and I-90 for easy access to work centers and more
Directions:
-Take Rt. 90 W. to Rt. 2 W.
-Continue to the exit for Oak Point Rd. -Proceed north on Oak Point Rd. to community on left
For Navigation Use:
6100 Meadow Farm Lane
Lorain, OH 44053
Models Available
Starting from the Upper $110'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: $119,990
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: $4,200
Loan amount: $117,817
Up front mortgage insurance amount: $2,026
$145 (Principal)
+ $479 (Interest)
+ $129 (Property Tax Estimate)
+ $20 (Hazard Insurance Estimate)
+ $54 (PMI Estimate)
+ $00 (Condo Fees)
- $133 (1st Year Tax Savings Estimate)
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$693 : Estimated Monthly Payment