Cedar

Financing example based on a FHA 30 year fixed loan product with a 2-1 buydown. Based on a sales price of $383,000, a loan amount of $375,556 and a 3.5% down payment. Principal and interest payment of $1,931/month with a rate of 4.625% for year one, $2,162/month with a rate of 5.625% for year two, $2,405/month with a rate of 6.625% for year three and an APR of 6.944%. Real estate taxes are estimated at $284 per month, mortgage insurance is estimated at $172 per month and hazard insurance is estimated at $70 per month for a total monthly payment of $2,457 for year one, $2,688 for year two and $2,931 for years 3-30. 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. APR may vary depending on rate and final loan program. 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.