Cost of Ownership

Purchase Price	$ 199,900
Down Payment (3.5%)	$ 7,000
Mortgage Amount	$ 192,900
Monthly Mortgage Payment	$1036.00 (5% interest, 30 yr. fixed)
Monthly Condo Fee	$ 125.00
Monthly Real Estate Taxes	$ 185.41
Private Mortgage Insurance	$ 100.00
Total Monthly Payment	$ 1446.23
Monthly Income Tax Savings	$ 296.00 (Approx. based on 30% tax bracket)
Net Monthly Cost	$ 1,150.23

When you consider that you would pay hundreds more a month to rent a comparable property, we're sure that you'll see that an investment in a new townhome at The Village at Merrimac Landing is an investment that will provide immediate returns in your quality or life and long term returns from future price appreciation in this terrific new community.

Hurry, opportunities like this don't last long!