2/8/2010 5:19:41 PM
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Iris Cove

Hendersonville, TN

Iris Cove Community

Contact: (615) 238-5976

Location: (Directions | Map It)

Hours: Sunday & Monday 1pm -6pm Tuesday - Saturday 10am - 6pm

Please consult our sales and marketing representative for details.



Now Pre-selling!
Incredible Value in Hendersonville, Just Off Vietnam Veterans Pkwy!
Please visit Fountain Brooke- Hendersonville community using directions shown to view models and meet with sales representatives.

Directions:

Please visit Fountain Brooke- Hendersonville community using directions shown to view models and meet with sales representatives.

Fountain Brooke Directions - 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.
Fox Ridge Model (Rome) On The Right.


‡ 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 Low $150's

**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.875%, an APR not to exceed 5.561%, 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. Certain restrictions may apply. Rates effective 2/8/2010 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: $153,990
Interest Rate: 4.875%
Downpayment: 3.5%
Property Tax Rate: 1%
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: $5,390
Loan amount: $148,600
Up front mortgage insurance amount: $00

  $183  (Principal)
+ $604  (Interest)
+ $128  (Property Tax Estimate)
+ $28  (Hazard Insurance Estimate)
+ $68  (PMI Estimate)
+ $00  (Condo Fees)
- $168  (1st Year Tax Savings Estimate)
-------------------
$843 : Estimated Monthly Payment