Poplar

Starting From

$209,990+

Estimated Monthly Payment

$1,278

Own a home at The Summit
Temporary Interest Rate Buydown Subsidy Available.
Year 1: Payment of $1,278, based on a 3.875% Interest Rate, 6.342% APR
Year 2: Payment of $1,400, based on a 4.875% Interest Rate
Year 3-30: Payment of $1,528, based on a 5.875% Interest Rate

Principal & Interest

$970

Property Tax

$180

Hazard Insurance

$35

Mortgage Insurance

$93

Total estimated monthly payment

$1,278

Financing example based on a FHA 30 year fixed loan product with a 2-1 buydown. Based on a sales price of $209,990, a loan amount of $206,315 and a 3.5% down payment. Principal and interest payment of $970/month with a rate of 3.875% for year one, $1,092/month with a rate of 4.875% for year two, $1,220/month with a rate of 5.875% for year three and an APR of 6.342%. Rates come at a cost of 1.25% of the loan amount. Real estate taxes are estimated at $180 per month, mortgage insurance is estimated at $93 per month and hazard insurance is estimated at $35 per month for a total monthly payment of $1,278 for year one, $1,400 for year two and $1,528 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. 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.

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757.280.1690

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Located in The Summit

3 Bedroom

1,442 Sq.Ft.

2 Bathroom

1 Car Garage

Floor Plan

Interactive Floor Plan

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Model Video

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Get in touch with us to learn more about building this home.

About the Home

Welcome to Ryan Homes at The Summit in Franklin, Virginia! Finally, homeownership is achievable in this new low-maintenance community near everyday conveniences with private backyards, included patios, and open-concept floorplans, complete with included garages. The Poplar townhome blends sensibility and style. Enter the welcoming foyer from the covered porch or through the garage. It’s the perfect location for a family zone. The wide-open great room flows seamlessly into the gourmet kitchen and light-filled dining area, where an optional island can provide extra storage and counter space. Upstairs, find two generous secondary bedrooms and a full bath; continue past the second-floor laundry toward the luxurious owner's suite. This private retreat includes a dual vanity bath and enormous walk-in closet. The Summit provides the perfect combination of a small-town atmosphere in an ideal location. You’ll love being just 1.5 miles to Downtown Franklin, with nearby Barrett’s Landing Park, scenic Blackwater River, local restaurants and the convenience of quick access to Routes 58 & 258. Schedule your model tour today!

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A better-built home enhances your life. Our whole-home approach to performance and efficiency providing you the highest levels of comfort while lowering your monthly energy costs by up to 30%.

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Located in the

The Summit Community

100 Summit View Lane
Franklin, VA 23851

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