Peyton Hall - Bayfield~OWN FROM $953* PER MONTH, Raleigh, NC

Plan Description
*** This is a 30 year FHA fixed rate mortgage with a 1/1 buydown.. The interest rate is quoted at 3.50% the 1st ans 2nd years with P & I of $953, 4.50% years 3-30 with P & I of $1075. APR 4.995%. No pre-payment penalty for early payoff. Interest rates can change at any time without advance notice. Borrower must qualify under program guidelines. Income limitations apply. This is a 3.5% down payment program, whereby Centex is paying all associated buydown costs, most closing costs and pre-paid items. The total concession from Centex is not to exceed 6% of the sales price. Payment available on homesite #112 only. **** Featuring a spacious kitchen, a large great room and an option for six bedrooms, this home is fit for a family! Archways lead into the formal living room and kitchen, and the formal dining room is situated just so to offer privacy while dining. The living room can be used as a study, or converted to a bedroom with an optional full bath.

Community Description
Just a few opportunities remain in Raleigh's fastest selling first time buyer community- take advantage of the $8000 Government Tax Credit.Peyton Hall is a secluded community, conveniently located in North Raleigh and close to I-440. Peyton Hall is just minutes from shopping at Triangle Town Center, downtown Raleigh, Crabtree Valley Mall, Buffaloe Athletic Park, and I-540.