2/9/2010 5:45:12 AM
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Faircreek Ridge

Fairborn, OH

Faircreek Ridge Community

School District: Fairborn School District

Contact: (937) 879-4959

Location: (Directions | Map It)

Hours: Monday 12PM-7PM, Tuesday-Thursday 11AM-7PM, Friday-Sunday 11AM-6PM


Grand Opening Newly Decorated Model!
Our exciting new Fairborn community offers unbelievable low pricing and unsurpassed craftmanship, making Faircreek Ridge the perfect place to call home. Faircreek Ridge has the prime location remarkably close to Wright Patterson Air Force Base, Wright State University, world-class shopping, dining and recreation. The community has a peaceful atmosphere with picturesque wooded & cul-de-sac home sites, green space, sidewalks, pond and fountain. You will find that our newest location has stunning floor plans plus an exceptional value making it the perfect place for your brand new home.

-Located in Fairborn, Ohio
-2 car attached garage
-Basements available
-Wooded & cul-de-sac homesites
-Appliance package
-Ranch and 2 story homes available
-Beautiful streetscapes & sidewalks throughout
-Green space
-Pond and fountain
-Close to WPAFB, Fairfield Mall and Wright State University
-Quick access to I-675, I-75, I-70 and route 35 for easy commutes

Directions:

For information visit our Chapelgate model:
Directions to Chapelgate:
I-675 to Rt. 235(exit 22) go West 1/4 mile. Turn left at Chapelgate Drive.

For Navigation Use:
586 Wildlife Court
Fairborn, Ohio 45324

Models Available

Starting from the Upper $130'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: $139,990
Interest Rate: 4.875%
Downpayment: 3.5%
Property Tax Rate: 1%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $4,900
Loan amount: $137,454
Up front mortgage insurance amount: $2,364

  $169  (Principal)
+ $558  (Interest)
+ $117  (Property Tax Estimate)
+ $23  (Hazard Insurance Estimate)
+ $63  (PMI Estimate)
+ $00  (Condo Fees)
- $155  (1st Year Tax Savings Estimate)
-------------------
$775 : Estimated Monthly Payment