↓ SPECIAL INCENTIVES! ↓
1400 Eagle Ray Street, Austin TX 78641
Loan scenarios for illustrative purposes only and are not guaranteed
Year 1
Purchase Price: $440,000
Down Payment: $15,400 (3.5%)
Loan Amount: $424,600
Term: 30 Years Fixed
Interest Rate: 3.99% (6.74% APR)
Year 2
Purchase Price: $440,000
Down Payment: $15,400 (3.5%)
Loan Amount: $424,600
Term: 30 Years Fixed
Interest Rate: 4.99% (6.74% APR
Year 3
Purchase Price: $440,000
Down Payment: $15,400 (3.5%)
Loan Amount: $424,600
Term: 30 Years Fixed
Interest Rate: 5.99% (6.74% APR
All fees below are 1 time fees due at closing (estimated costs only)
One-Time Closing Fees
Appraisal: $750
Lender Fees: $1,775
Points Buy Down Combo: -$18,373
Title Fees: $4,838
Escrows and Prepaids: $5,398
Total Closing Costs: $28,161
What are Points?
This is paid in order to obtain lower interest rate. In this example, the 'points' paid to obtain the buydown will be paid by the seller
13217 Armaga Springs Rd, Austin, Texas 78727
Offered at $597,000
Special Seller Incentives to Buy Down Your Rate!
Get this deal now and then refinance when rates come down
Loan scenarios for illustrative purposes only and are not guaranteed
Purchase Price
Down Payment
Loan Amount
Term
Interest rate
Year 1
$597,000
$ 25,450 (4.263%)
$571,550
30 Years Fixed
3.75% (6.86% APR)
Year 2
$597,000
$ 25,450 (4.263%)
$571,550
30 Years Fixed
4.75% (6.86% APR)
Year 3-30
$597,000
$ 25,450 (4.263%)
$571,550
30 Years Fixed
5.75% (6.86% APR)
Principal and Intrest (P&I)
Private Mortgage Insurance
HOA
Property Tax
Home Insurance
Total Monthly Payment
Year 1
$2,693.26
$260
$37
$660
$379
$4,029.26
Year 2
$3,033.65
$261
$37
$660
$379
$4,370.65
Year 3
$3,393.78
$261
$37
$660
$379
$4,730,79
All fees below are 1 time fees due at closing (estimated costs only)
Appraisal
Lender Fees
Points Buy Down Combo
Title Fees
Escrows and Prepaids
Total Closing Costs Including Down Payment
$750
$1,775
-$25,703
$5,666
$7,755
$41,397
What are Points?
This is paid in order to obtain a lower interest rate. In this example, the ‘points’ paid to obtain the buydown will be paid by the seller.
Things to know:
What's a 2-1 Buydown & How does it benefit you?
A 2-1 Buydown allows a borrower to obtain a monthly payment calculated using a lower interest rate that the Note Rate for the initial 2 years of the loan with an upfront payment by the seller (or builder) at closing. In the first year, the monthly payment is calculated using a rate that is 2% less that the Note Rate. In the second year, the monthly payment is calculated using a rate that is 1% less than the Note Rate. For years 3 and for the rest of the loan term the monthly payment will be calculate using the Note Rate. The rate quoted above assumes the seller is paying 2 points. This quote assumes a primary residence purchase, a 760+ credit score, a 3.5% down paymenton an FHA Loan, and an APR of 6.86%. Rates are subject to change without notice and are contingent upon underwriter approval; not all applicants will qualify.
ANSWER THE QUESTIONS BELOW TO SEE IF YOU QUALIFY
What clients say about us
Chase was the best decision we made in our process to buy a new home. He was personally invested in our search and made himself available anytime to answer questions. He will help our family in any future home purchase as well. Thanks, Chase!
Cole Gumm
Austin, TX
Absolute professional. Ever wonder what it would be like if someone was a pro but also a genuine person who cares? It’s this guy. Ever wonder what it would be like if the person working to help you cared as much as you did about the thing they were helping you with? This guy. It’s terrifying trying to buy a home. It’s everything you want for your family and so much can go wrong. I’d trust chase with this step every single time.
Jason Aldridge
Austin, TX
All parties involved are separate entities with no affiliation, and consumers are not obligated to use any specific party or lender for this program.
Our Cash Offer Program
Our Cash Offer Program
Competitive cash offer within 24 hours
No Showings – No Hassles
You choose your closing day
We pay ALL closing costs
Zero fees. Zero commissions
We’ll cover any repairs
The Traditional Way
Listing your house with an agent
The months it takes to sell add up
Plenty of showings and disruption to your life
It takes forever to close
1-2% in closing costs paid by you, the seller
Fees and commissions stack up
You could be on the hook for repairs
What clients say about us
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled.
Darcel Ballentine
Barone LLC.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled.
Leatrice Handler
Acme Co.