Boiling Springs, SC
Prices shown for this community reflect a $10,000 TEMPORARY PRICE REDUCTION available on new contracts for a limited time only!*
‡
MODEL GRAND OPENING!
Introducing Glen Lake – Ryan Home’s most exciting new community located in the rapidly growing Boiling Springs area. Located less then 2 miles from I-85, in close proximity to I-26 and also bustling Highway 9, Glen Lake residents find easy access to work, hospitals, fine dining, and shopping. This gated community of traditional homes is set in South Carolina’s rolling countryside with its own scenic four-acre lake. Community amenities include 13 acres of preserved common areas, perfect-for-entertaining clubhouse, junior Olympic-sized pool, and two wonderful playground areas for the kids to enjoy.
Glen Lake offers 4 Series of Homes:
• Classic Series- $150's-$200's 2200-3200+ sq/ft
2 Story Homes with 3-5 Bedrooms
• Cottage Series- $140's-$200's 1650-2500+ sq/ft
Cottage style Ranch and 2 Story Homes with the Owner's Suite on the First Floor
• Premier Series- Low $200's-$300's 2500-3500+ sq/ft
Elegant Brick or Stone Front Ranch and 2 Story Homes
• Signature Series- $230's-High $300's 2500-3500+ sq/ft
All Brick Ranch and 2 Story Executive Homes
Directions:
-I-85 North to Exit 75 (Boiling Springs Hwy/ Hwy 9) Turn left.
-Travel 2 miles on Boiling Springs Hwy/Hwy 9.
-Turn left onto Valley Falls Rd. (just before Rite-Aid)
-Travel 1.4 miles to Glen Lake on right.
‡ 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 Low $130'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. 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: $133,900
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.54%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.25%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $4,687
Loan amount: $131,475
Up front mortgage insurance amount: $2,261
$165 (Principal)
+ $520 (Interest)
+ $60 (Property Tax Estimate)
+ $28 (Hazard Insurance Estimate)
+ $60 (PMI Estimate)
+ $00 (Condo Fees)
- $145 (1st Year Tax Savings Estimate)
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$690 : Estimated Monthly Payment