Hendersonville, TN
ONLY 5 HOMESITES REMAINING!
NEW SPECIAL PRICING FOR A LIMITED TIME ONLY! ‡
Iris Cove is an adorably quaint community located in the heart of Hendersonville. Only 25 homes will be built in this convenient circle just off of Exit 6 and there are ONLY 5 homesites remaining! We are 3 minutes away from Old Hickory Lake, Indian Lake shopping/entertainment district and Vietnam Veteran’s Parkway. Come see why Iris Cove is Hendersonville’s,Best Kept Secret and new home communities around!
Directions:
No Model /Sales Center in the Community. Please visit us at Fountain Brooke, also nearby in Hendersonville for more information.
To Visit Fountain Brooke's Sales Model:
From Nashville
Take I-65 North to Vietnam Veterans Blvd/Hwy 386 (Exit 95)
Take Indian Lake Blvd/Drakes Creek Rd (Exit 7)
Left onto Drakes Creek Rd.
Proceed 1.2 miles to Anderson Rd.
Right on Anderson Rd for 1.2 miles (stay left at Fork in Rd)
Community on Right
Model Home is on the Right
To View the Iris Cove Community:
I-65 North to Vietnam Veteran’s Blvd.
Take Exit 6 (New Shackle Island Road) Turn Right
Go approximately 1 mile and turn Left onto Iris Drive (across from Sonic)
Turn Left into Iris Cove
Directions to Iris Cove from Fountain Brooke:
Turn Left onto Anderson Road out of Fountain Brooke
Turn Left onto Drakes Creek Road
Turn Left onto Vietnam Veteran’s Blvd South
Take Exit 6 (New Shackle Island Road) Turn Left
Go approximately 1 mile and turn Left onto Iris Drive (across from Sonic)
Turn Left into Iris Cove
For use with GPS/Navigation:
Iris Drive
Hendersonville, TN 37075
‡ 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 Mid $140's
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.25%, an APR not to exceed 4.884%, 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 1.75 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. The financing used in this example is based on a conforming loan product and applies only to loan amounts that are $417,000 or less. Loan amounts over $417,000 are subject to additional costs/pricing. Certain restrictions may apply. Rates effective 7/29/2010 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: $145,990
Interest Rate: 4.25%
Downpayment: 3.5%
Property Tax Rate: 0.75%
Tax Savings Rate: 28%
Origination Fee: 1%
Discount Points: 1.75%
Hazard Insurance: 0.22%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $5,110
Loan amount: $140,880
Up front mortgage insurance amount: $00
$194 (Principal)
+ $499 (Interest)
+ $91 (Property Tax Estimate)
+ $27 (Hazard Insurance Estimate)
+ $65 (PMI Estimate)
+ $00 (Condo Fees)
- $139 (1st Year Tax Savings Estimate)
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$737 : Estimated Monthly Payment