For a limited-time on select quick move-in homes, Toll Brothers Mortgage Company is offering reduced interest rates for the first two years of your 30-year fixed-rate loan and then a locked interest rate starting with year three for the remaining loan term.
YEAR 1
3.99%
YEAR 2
4.99%
YEARS 3
5.99%
YEARS 4 - 30
6.99%
Discover the Toll Brothers 3/2/1 Buydown Program and give yourself one more reason to make your next move.
EXAMPLE: 3/2/1 BUYDOWN PROGRAM SAVINGS
Loan Type: Conventional 30-Year Fixed
Note Rate: 6.99% (7.04% APR)
Loan Amount: $900,000
YEAR 1
PAYMENT RATE
3.99%
MONTHLY PAYMENT
$4,291.55
SAVINGS
WITH REDUCED RATES $1,690/mo. = $20,280/yr.
(Year 1 vs. Year 4)
YEAR 2
PAYMENT RATE
4.99%
MONTHLY PAYMENT
$4,825.90
SAVINGS
WITH REDUCED RATES $1,155/mo. = $13,860/yr.
(Year 2 vs. Year 4)
YEARS 3
PAYMENT RATE
5.99%
MONTHLY PAYMENT
$5,390.17
SAVINGS
WITH REDUCED RATES $591/mo. = $7,092/yr.
(Year 3 vs. Year 4)
YEARS 4 - 30
PAYMENT RATE
6.99%
MONTHLY PAYMENT
$5,981.68
SAVINGS
WITH REDUCED RATES Total Savings = $41,232
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† Valid for new buyers on select homes. Buyer must close escrow within 45 days after signing the Agreement of Sale. Buydown reduces principal and interest payments below the 6.99% note rate for the first three years after closing. Example: 3.99% first year, 4.99% second year, 5.99% third year, 6.99% in years 4-30. Funds are limited and may no longer be available without notice. Maximum $1,089,200 loan amount (as of 11/7/23). Minimum 25% down and primary residences only. Excludes FHA/VA loans. Rate/APR based on $1.2M sales price, $900,000 loan amount and 740 qualifying credit score. Payment factors per $1,000 financed: 3.99% is $4.77, 4.99% is $5.36, 5.99% is $5.99, 6.99% is $6.65. Additional costs may apply for condominiums and/or credit scores under 740, which may increase rate/APR. For qualified buyers only, other programs are available. Financing provided by Toll Brothers Mortgage Company: NMLS #18154 (www.nmlsconsumeraccess.org), click here for state licensing info. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. License No. 4130671. Offers, incentives, and seller contributions, if any, vary by community and are subject to certain terms, conditions, and restrictions. Toll Brothers reserves the right to change or withdraw any offer at any time. Incentives subject to maximum interested party contribution limits based on loan program and down payment. This is not an offering where prohibited by law. Please contact your sales representative for complete details. Not to be combined with any other offer. 11/2023
