Highly sought after gated Wingview community at Rancho Del Lago. SELLER PAID 2/1 Buydown 2-1 buydown is a mortgage loan option in which the seller reduces the homebuyers interest rate for the first 2 years of the loan. In year one, the interest rate is 2% less than the original, locked-in rate. In year two, the interest rate is 1% less. And years 3-30 are the original fixed rate. Purchase Price $539,500 Down Payment 3.5% Loan Amount- $520,618 Period Interest rate P&I Year 1 4.875% $2,755.15 Year 2 5.875% $3,079.65 Year 3-30 6.875% $3,480.00 APR 7.163% minimum fico 680 Contact Paxton Buglewicz Peoples Mortgage NMLS-952806
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