Saratoga Springs Twin Home

Own a Single Family Home w/$0 Down and Only $2,137/mo*

$359,990 Twin Home

• $0 down w/estimated payment of $2,137*
• 1,234sf Two-story Twin Home
  • 2-car garage + driveway parking for 2 cars
  • 2 primary bedrooms with ensuites + loft
  • 2.5 bathrooms
  • Open concept main level w/9' cielings
  • Fenced front yard + covered entrance
• Included:
  • Whole house blinds
  • Powder bath added on main level
  • Enery efficient windows, HVAC and furnace

*Monthly Payment Calculations on $359,990

• Qualifies for $20,000 Utah Housing down payment assistance
  • 3.5% down payment
    • $13,000 ($7,000 remaining for closing costs)
• 1.5% loan origionation fee
  • $5,205
    • Loan Amount: $346,990
    • $7,000 remaining from Utah Housing $20,000
    • Out of pocket cost: $0 + $1,795 to go towards prepaids

• Current Mortgage Rate on Utah Housing FHA for first week of June: 6.875% 
  • $10,000 Preffered Lender Incentive to buy-down the interest rate 
    • On $346,990 loan amount $10,000 covers 2.88 points
      • $10,000 buys down the rate to 6.250%

• • Monthly Principle & Interest Payments 
    • $346,990 at 6.250%
      • $2,137 (+ tax, insurance & ~$135 HOA)