How Can You Save HUNDREDS On Your Monthly Mortgage?
Ascot is proud to offer a variety of incentives and buydown programs on a select number of our houses. Lower your monthly mortgage rate, receive money towards closing costs, or other incentives such as blinds, a fridge, or a fence!
Want to save money on your mortgage every month? Look into our selection of homes included in one of our buydown programs!
A 2/1 buydown lowers the interest rate 2% below the Note rate for the first year, then 1% on the second year. This initial lower monthly payment helps ease you into your normal mortgage payment.
Examples of how you save with a 2/1 buydown.
Year | Rate | Est. Monthly Payment | Est. Monthly Savings | Est. Annual Savings |
1 | 5.5 | $2,271 | $526 | $6,308 |
2 | 6.5 | $2,528 | $269 | $3,223 |
3-30 | 7.5 | $2,798 | $0 | $0 |
Contact Ascot or your realtor today for more information and start looking forward to those special savings!