Estimated total monthly housing payment
Special financing for this home
Year 1 effective starting rate*5.375%
With a seller + lender funded 2-1 temporary buydown
- Year 3+ note rate
- 7.375%
- APR
- 7.498%
Estimated Year 1 total monthly housing payment$7,380/mo$1,323 lower than the estimated full note-rate payment
$23,997 toward your payment strategySeller + lender funded
The temporary subsidy changes the amount paid during the first 2 years, not the mortgage note rate. Qualification uses the full note-rate payment.
Payment includes estimated taxes and insuranceProperty-specific illustrationEffective Oct 16, 2026
3800 Monteverde Dr, Lincoln, CA 95648
The better question
Would lower payments now create more useful room in your budget?
Home price used in this example$1,350,000
Estimated monthly savings$1,323/mo
Complete payment progression
See how the payment changes by year.
Payment increases according to the schedule shown. The permanent note rate does not change.
Estimated total monthly housing payment
Estimated total monthly housing payment
How it works: contributed funds reduce the amount the borrower pays during the first 2 years. The loan keeps its permanent note rate, and this is not an adjustable-rate mortgage.
Full loan details
Review the complete financing example.
The payment progression is shown above. These details explain the loan, cash, costs, and assumptions behind it.
Includes estimated principal and interest, property taxes, homeowners insurance, mortgage insurance, and applicable association dues. Taxes, insurance, and dues may change.
Note rate7.375%
Annual percentage rate7.498%
Estimated Year 1 total monthly housing payment$7,380/mo
Includes estimated principal and interest, property taxes, homeowners insurance, mortgage insurance, and applicable association dues. Taxes, insurance, and dues may change.
- Loan program
- Conventional fixed
- Home price used in this example
- $1,350,000
- Down payment
- $337,500 · 25%
- Base loan amount
- $1,012,500
- Illustrated loan amount
- $1,012,500
- Payment progression
- Shown above for every scheduled buydown year
- Monthly property taxes
- $1,316
- Monthly homeowners insurance
- $394
- Monthly mortgage insurance
- $0
- Monthly HOA / association dues
- $0
- Repayment example
- 360 monthly P&I payments
- Full note-rate principal + interest
- $6,993/mo
- Permanent note-rate discount points (separate from buydown)
- $10,125
- Effective date
- Oct 16, 2026
- Review-by date
- Oct 23, 2026
This is a property-specific planning illustration, not a commitment to lend. Rate, APR, payment, costs, credits, eligibility, and repayment terms must be confirmed for the buyer and property. Taxes, insurance, mortgage insurance, and HOA dues may change.
Next step
See whether this payment path fits your budget.
Request a buyer-specific comparison using your income, cash, and plans for the home.
- ✓Confirm eligibility and the exact payment schedule.
- ✓See the cash needed at closing and the full note-rate payment.
Presented by
Your property strategy team.
One team for the home, the financing, and the questions that connect them.
Planning assumptions and required disclosures
Effective Oct 16, 2026. Expires Oct 23, 2026.
This is a planning illustration, not a commitment to lend. Rates, APR, costs, credits, payments, and program availability must be confirmed for the buyer and property.
Property value and appreciation are assumptions, not guarantees. Taxes, insurance, mortgage insurance, HOA dues, and selling costs may change.
Temporary buydown payments are funded from a closing deposit. The note rate and qualifying payment do not change, and the payment increases on schedule until it reaches the full note-rate payment.
Owner-occupied primary residence
Credit, income, assets, property, and program eligibility remain subject to review
No values shown are an approval or a promise of future market conditions
Entered liquid assets are below the modeled cash due at closing.
Estimated APR is a planning calculation. Confirm the creditor's disclosed APR, exact finance-charge classification, payment dates, and whether the buydown changes the credit contract before advertising or lending decisions.
Equal Housing Opportunity.