Spruce

Financing example based on a FHA 30 year fixed loan product with a 3-2-1 buydown. Based on a sales price of $229,990, a loan amount of $225,965 and a 3.5% down payment. Principal and interest payment of $999/month with a rate of 3.375% for year one, $1,128/month with a rate of 4.375% for year two, $1,265/month with a rate of 5.375% for year three, $1,410/month with a rate of 6.375% for year four and an APR of 6.733%. Rates come at a cost of 0.125% of the loan amount. Real estate taxes are estimated at $247 per month, mortgage insurance is estimated at $102 per month and hazard insurance is estimated at $38 per month for a total monthly payment of $1,387 for year one, $1,516 for year two, $1,653 for year three and $1,798 four years 4-30. Interest rate is based on a 30 day rate lock. Rates and APR on loan programs may vary based on credit criteria, final amount of down payment and are subject to current market pricing. Maximum product permissible Interested Party Contribution Limits and QM points/fee limits apply. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Financing is available through NVR Mortgage Finance, Inc. NMLS ID# 1127.