Estimate Disclosure

Not all payments are created equal for a variety of reasons.

Our estimate is based on the following:

  • 30-year fixed rate loan with 20% down at 4% interest
  • Current property taxes
  • An estimate of home owners insurance


Check with your mortgage lender and insurance agent for a more accurate payment estimate. Here are some of the reasons your payment will be different than our estimate:

  • Interest rates vary....sometimes by the hour
  • Your credit history
  • Your work history
  • Lien programs vary - conventional, SD Housing, FHA, VA, Rural Development, etc.
  • The amount of your down payment
  • Your loan terms - 15-year, 30-year, fixed rate, adjustable rate, etc.
  • Type and cost of homeowner's insurance
  • Flood insurance, if needed