Spruce

Financing example based on a FHA 30 year fixed loan product with a 2-1 buydown. Based on a sales price of $237,000, a loan amount of $232,730 and a 3.5% down payment. Principal and interest payment of $1,162/month with a rate of 4.375% for year one, $1,303/month with a rate of 5.375% for year two, $1,452/month with a rate of 6.375% for year three and an APR of 6.73%. Rates come at a cost of 0.125% of the loan amount. Real estate taxes are estimated at $208 per month, mortgage insurance is estimated at $105 per month and hazard insurance is estimated at $43 per month for a total monthly payment of $1,535 for year one, $1,676 for year two and $1,825 for years 3-30. The total payment shown includes the monthly HOA fee of $17. 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.