Indianapolis, IN
FIRST TIME HOME BUYERS DON'T MISS OUT ON THE $8000 TAX CREDIT!
FREE MORNING ROOM ON ALL PLANS, EXCLUDING THE PISA!
1 Point Towards Closing Costs at NVR Mortgage!* ‡
Shop ‘till you drop! If that’s your mantra in life, then you’ll love life at Edgewood Trace. This relaxed, upscale new enclave of homes is surrounded by some of Indiana's best shopping malls and restaurants, for when you need to recharge. Edgewood Trace is also close to some of the area’s best schools, since it is part of the highly-esteemed Franklin Township School System.
• Single-family homes with up to 5 bedrooms and up to 2 1/2 baths
• Ranch and 2-story plans available
• 2-car garages
• Close to shopping, dining, entertainment and local malls
• Highly-rated Franklin Township School System
Directions:
* No Model Home! For Directions and More Information Visit Us at Moeller Estates
To Visit the Edgewood Trace Community ~
From the North:
Head E/S on I-465
Take exit 49A for I-74 E/Southeastern Ave.
Take an immediate and the first left onto Southeastern Ave.
At stop sign turn left onto Southeastern Ave.
Travel southeast on Southeastern Ave.
Turn Right on N Five Points Rd.
Turn Left at E Edgewood Ave.
Turn Left onto Edgewood Trace Blvd. (this is before E Franklin Rd)
No Model in the Community
From the South:
Take I-465 S/I-74E toward Exit 49
Take Exit 49 – I-74 E Exit toward Cincinnati/Southeastern Ave.
Veer to the Left on Southeastern Ave.
Left onto E Southeastern Ave.
Travel southeast on Southeastern Ave.
Turn Right on N Five Points Rd.
Turn Left at E Edgewood Ave.
Turn Left onto Edgewood Trace Blvd. (this is before E Franklin Rd)
No Model in the Community
‡ 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 $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: $112,990
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: $3,955
Loan amount: $110,943
Up front mortgage insurance amount: $1,908
$136 (Principal)
+ $451 (Interest)
+ $94 (Property Tax Estimate)
+ $19 (Hazard Insurance Estimate)
+ $51 (PMI Estimate)
+ $00 (Condo Fees)
- $125 (1st Year Tax Savings Estimate)
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$626 : Estimated Monthly Payment