Charlotte, NC
• New Garage Townhomes Located next to Arrowood Light Rail station
• Planned amenity center
• Easy access to I-485 and I-77
• Great value on brand-new garage townhome within walking distance to light rail
Directions:
From I-77 South,
-Take the Arrowood Rd Exit (Exit 3)
-Turn left onto Arrowood and go .5 mile, bear right onto Hebron St.
-Go 1 mile
-Turn left on England St.
-Go .5 mile, community entrance on right.
Models Available
Starting from the Low $140's
**Limited time only. Financing based on a 30 Year Conventional loan, with an interest rate of 4.625%, an APR not to exceed 5.271%, and 5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated taxes, insurance 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 95%. 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 11/27/2009 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details.
Product: 30 Year Conventional
Sales Price: $142,990
Interest Rate: 4.625%
Downpayment: 5%
Property Tax Rate: 1.2%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.22%
PMI: 0.79%
Up Front MI: 0%
Downpayment Estimate: $7,150
Loan amount: $135,841
Up front mortgage insurance amount: $00
$175 (Principal)
+ $524 (Interest)
+ $143 (Property Tax Estimate)
+ $26 (Hazard Insurance Estimate)
+ $89 (PMI Estimate)
+ $00 (Condo Fees)
- $146 (1st Year Tax Savings Estimate)
-------------------
$812 : Estimated Monthly Payment