Fredericksburg, VA
FREE Finished Basement! ‡
If the prime location and spectacular amenities don’t inspire you, the exceptional prices will! Lee’s Parke is one of Fredericksburg’s most sought-after communities, featuring spacious single-family homes and an amenity-rich lifestyle that includes a state-of-the-art clubhouse, pool, tennis courts and miles of walking trails. Should you ever need to leave, I-95, the VRE, shopping, dining and more are just beyond the neighborhood.
• Located in Fredericksburg, VA
• Up to 5 bedrooms
• Up to 4,000 square feet
• Custom options include: Morning room, gourmet kitchen, finished recreation room, hardwood floors, luxury owner’s bathroom, finished basement, home office and more
• Community amenities include miles of walking trails, a pool, a state-of-the-art clubhouse, tennis courts, athletic fields and tot lots
• Convenient to shopping, dining and more
• Easy access to the VRE and I-95
Directions:
-Take I-95 South to exit 126.
-Proceed Right onto Rt. 1 South.
-Go 1.1 miles to a right on Spotsylvania Parkway.
-Make third left onto Holly Oak Lane.
-Model is on corner of Holly Oak and Woodbine.
For Navigation: 5722 Woodbine Court, Fredericksburg, VA
‡ 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 $230's
Decorated Model
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.5%, an APR not to exceed 5.247%, 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 0.875 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 11/20/2009 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details. NVR Mortgage Finance, Inc. is licensed by the Virginia State Corporation Commission as mortgage lender and broker, MC-528
Product: 30 Year FHA
Sales Price: $239,990
Interest Rate: 4.5%
Downpayment: 3.5%
Property Tax Rate: 0.62%
Origination Fee: 1%
Discount Points: 0.875%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $8,400
Loan amount: $235,643
Up front mortgage insurance amount: $4,053
$310 (Principal)
+ $884 (Interest)
+ $124 (Property Tax Estimate)
+ $22 (Hazard Insurance Estimate)
+ $108 (PMI Estimate)
+ $00 (Condo Fees)
- $246 (1st Year Tax Savings Estimate)
-------------------
$1,202 : Estimated Monthly Payment