*When you finance your new home purchase through Quadrant Homes’ affiliated mortgage company, TRI Pointe Connect. This is not an offer to lend. Rates effective 8/1/18 and are based on a 45-day rate lock for conventional financing. Loan scenario assumes $1,200,000 purchase price, loan amount of $960,000 and $0 in points and fees. Owner occupied purchase with 740 credit score. 7-year adjustable rate mortgage with an initial rate of 3.875% (4.51% APR) and initial P&I payment of $4,514 (excludes taxes, insurance, HOA and other fees, so the actual monthly payment obligation will be greater). The rate may adjust after 84 months and every 12 months thereafter with a 5% maximum initial adjustment. The rate cannot change more than 2% each subsequent adjustment period. The fully indexed rate is 5.07% and the maximum interest rate is 8.875% (8.89% APR) which would yield a P&I payment of $7,638 (excludes taxes, insurance, HOA and other fees, so the actual monthly payment obligation will be greater). Rates, terms, and availability of programs are subject to change without notice. Additional terms may apply. Available on select homesites only. May not be available at time of loan commitment or closing. TRI Pointe Connect, LLC NMLS ID 1250459. Licensed by the WA State Department of Financial Institutions, Consumer Loan Company CL-1250459.
Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.
**Assumptions. You are purchasing a single family home and primary residence. Rate is fixed. Debt-to-income ratio is less than 41% and excellent credit. These assumptions are subject to change without notice.
*This mortgage calculator is for illustrative purposes only and is not a guarantee. The monthly payment illustration on this tool does not include amounts for property taxes, insurance premiums, homeowner’s association dues, or other factors that potentially could affect your monthly payment. Therefore, your actual monthly payment will be higher. Interest rates change frequently and without notice. Financing availability and terms will depend on your situation.