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
4.99%
YEAR 2
5.99%
YEARS 3-30
6.99%
Discover the Toll Brothers 2/1 Buydown Program and give yourself one more reason to make your next move.
EXAMPLE: 2/1 BUYDOWN PROGRAM SAVINGS
Loan Type: Conventional 30-Year Fixed
Note Rate: 6.99% (7.05% APR)
Loan Amount: $700,000
YEAR 1
PAYMENT RATE
4.99%
MONTHLY PAYMENT
$3,753.47
SAVINGS
WITH REDUCED RATES $898/mo. = $10,776/yr.
(Year 1 vs. Year 3)
YEAR 2
PAYMENT RATE
5.99%
MONTHLY PAYMENT
$4,192.35
SAVINGS
WITH REDUCED RATES $460/mo. = $5,520/yr.
(Year 2 vs. Year 3)
YEARS 3-30
PAYMENT RATE
6.99%
MONTHLY PAYMENT
$4,652.42
SAVINGS
WITH REDUCED RATES Total Savings = $16,296
Take advantage of big savings today! Complete the form below to contact an expert and get started.
† Offers, incentives, and seller contributions, if any, vary by community and are subject to certain terms, conditions, and restrictions. Valid for new buyers only that sign a Sales Agreement on select quick move-in homes and close by 1/16/2024. Toll Brothers reserves the right to change or withdraw any offer at any time. Rate subject to limited availability on select quick move-in homes and may expire without notice. Buydown reduces principal and interest payments below the 6.99% note rate for the first two years after closing. Example: 4.99% first year, 5.99% second year, then 6.99% for years 3-30. Minimum 20% down for conventional loan amounts between $250,000 and $750,000. Primary residences only. Excludes FHA/VA loans. For qualified buyers only, other programs available. Financing provided by Toll Brothers Mortgage Company: NMLS #18154 (www.nmlsconsumeraccess.org), click here for state licensing info. Rate/APR based on $700,000 loan amount, 20% down, and 740 qualifying credit score. Payment factors per $1,000 financed: 4.99% is $5.36, 5.99% is $5.99, 6.99% is $6.65. Additional costs apply for credit scores under 740 and condominiums with less than 25% down, which may increase rate/APR. Incentives subject to maximum interested party contribution limits based on loan program and down payment. Not to be combined with any other offer. This is not an offering where prohibited by law. Photos are images only and should not be relied upon to confirm applicable features. Limited-time incentives also available on FHA loans. Contact your sales representative for complete details. 11/2023
