*Must use Beazer Mortgage (Broker number 01223451). Available only on inventory homes that close on or before August 31, 2006 or at completion of home, whichever comes first. Must be owner occupied. Offer does not apply to all communities. Check with sales representative for further details. Offer subject to change or cancellation without notice. Example: Purchase price $288,601.00 First Mortgage Loan Amount $230,880.00 payment for year one $824.00 subsidized by seller $ 76.00, year two $886.66, year three $953.16, year four $1,024.65, year five $1,101.50 at 7.593 % adjustable interest rate APR 8.10%. Second mortgage $ 57,721.00 payment for first twelve months of $529.11 at 11.00 % Interest Only paid by Seller, remaining term fourteen years, interest only at prime plus 4.5 margin current APR 11.143%, maximum rate 11.143%, payments of $529.11. Estimated closing costs $ 8,658.03. Above total payments are loan payments only and do not include taxes ($ 288.60), insurance ($45.00) monthly assessment ($110.00). Example amounts based on home at Riverdale North Discovery Collection Lot # 3016. Minimum middle FICO scores 650, stated income underwriting, three months reserve required in bank at time of close of $7,805.34 in example above. Income limits apply. Negative Amortization of loan required to achieve advertised payment, required loan payments and other fees may vary by home sales price and community.**Must use Beazer Mortgage (Broker number 01223451). Available only on inventory homes that close on or before August 31, 2006 or at completion of home, whichever comes first. Must be owner occupied. Offer does not apply to all communities. Check with sales representative for further details. Offer subject to change or cancellation without notice. Example: Purchase price $506,349.00, First Mortgage Loan Amount $405,079.00 payment for year one $1,447.12 subsidized by seller $447.12, year two $1,555.65, year three $1,672.33, year four $1,797.75, year five $1,932.58 at 7.593 % adjustable interest rate APR 8.10%. Second mortgage $101,270.00 payment for first twelve months of $928.31 at 11.00 % Interest Only paid by Seller, remaining term fourteen years, interest only at prime plus 4.5 margin current APR 11.143%, maximum rate 11.143%, payments of $928.31. Estimated closing costs $15,190.47. Above total payments are loan payments only and do not include taxes ($506.35), insurance ($70.00) monthly assessment ($73.00). Example amounts based on home at Fieldstone Meadows Lot # 30. Minimum middle FICO scores 650, stated income underwriting, three months reserve required in bank at time of close of $13,307.61 in example above. Income limits apply. Negative Amortization of loan required to achieve advertised payment, required loan payments and other fees may vary by home sales price and community. |