Greenwood, 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!* ‡
Since 2005, Homecoming at University Park has been a leading example of excellent master planning. With the addition of Ryan Homes, Homecoming is now, more than ever, an example of excellent value! Ryan’s single-family homes offer space, style, and easy affordability that complement Homecoming’s amazing community design and outdoor amenities. The neighborhood’s generously sized home sites surround University Park, a pool with clubhouse and an outdoor amphitheatre. This was already the best selling community in Greenwood. Now, Homecoming at University Park is even better.
• Single Family Homes, 1 and 2 Story Plans with up to 5 bedrooms and 3 baths
• Generously Sized Home Sites
• Community Pool, Clubhouse, Amphitheatre, Playground, Fitness Paths, Basketball court and Dog Park
• Community surrounds University Park
• 10 Sparkling Community Lakes
Directions:
To Visit the Community / Model ~
Directions from the North:
Take I-465 to I-65 South of the city
Take Exit 99 / Main Street (Greenwood) Exit East
1 mile ahead on the Right Hand Side is Homecoming
Sales Center ahead on the 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 $110's
Decorated Model
Immediate Availability
Homes available to move in now.
(Note: Images shown are representative only)
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PURCHASE NOW-MOVE LATER. MODEL HOME LEASEBACK INVESTMENT! Rome Model, Loads of Upgrades, Over 3200 sqft. $225,000+ to replicate. **
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**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: $113,990
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: $3,990
Loan amount: $111,925
Up front mortgage insurance amount: $1,925
$138 (Principal)
+ $455 (Interest)
+ $95 (Property Tax Estimate)
+ $19 (Hazard Insurance Estimate)
+ $51 (PMI Estimate)
+ $00 (Condo Fees)
- $126 (1st Year Tax Savings Estimate)
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$631 : Estimated Monthly Payment