Dallas region. Estimate a monthly payment by community.
Billed separately by the HOA and not included in the estimated payment.
| Year | Rate | P&I | Payment | vs. U.S. avg |
|---|---|---|---|---|
| 1 | 4.99% | $1,715.87 | $2,596.55 | $499.74 less |
| 2+ | 5.99% | $1,916.50 | $2,797.18 | $299.11 less |
"vs. U.S. avg" compares each year with the payment at the U.S. average rate.
Estimated buydown cost: $2,407.57
Freddie Mac weekly survey as of Oct 15, 2026. Based on conventional loans with 20% down and excellent credit. A national benchmark, not an SFMC rate quote or offer.
Prototype: conventional MI uses placeholder rates.
DRAFT: Taxes include an estimated homestead discount (80% of the full tax rate). It applies only to a primary residence once the homestead exemption is approved, so actual taxes may be higher.
Start with the monthly payment you want and the cash you have for a down payment.
Comfortable range: $277,000.00 to $306,000.00 (90% to 100% of your payment).
| Community | Max price |
|---|---|
| Town Park - Twin / Condo | $352,000.00 |
| Nelson Lake | $344,000.00 |
| Park Hills | $344,000.00 |
| Meadow Run | $335,000.00 |
| Leonard Trails | $331,000.00 |
| Elevon - Twin Homes | $327,000.00 |
| River Ranch | $326,000.00 |
| Elevon - 30 Ft | $314,000.00 |
| Spiritas Ranch - 40 Ft | $311,000.00 |
| Elevon - 40 Ft | $310,000.00 |
| Heartland | $309,000.00 |
| La Terra at Uptown | $309,000.00 |
| Clearview - 50 Ft | $306,000.00 |
| Sutton Fields - 50 Ft | $306,000.00 |
| Elevon - 50 Ft | $304,000.00 |
| Clearview - 60 Ft | $303,000.00 |
| Timberbrook - 50 Ft | $303,000.00 |
| Clearview - 70 Ft | $302,000.00 |
| Spiritas Ranch - 50 Ft | $301,000.00 |
| Sutton Fields - 60 Ft | $300,000.00 |
| Creekview Meadows | $299,000.00 |
| Timberbrook - 60 Ft | $299,000.00 |
| Keeneland - 40 Ft | $295,000.00 |
| Keeneland - 50 Ft | $291,000.00 |
* PID pending, not included.
Prototype: conventional MI uses placeholder rates.
DRAFT: Taxes include an estimated homestead discount (80% of the full tax rate). It applies only to a primary residence once the homestead exemption is approved, so actual taxes may be higher. Town Park uses 70%.
Freddie Mac weekly survey as of Oct 15, 2026. Based on conventional loans with 20% down and excellent credit. A national benchmark, not an SFMC rate quote or offer.
The same incentive dollars applied three different ways.
| Price reduction | Rate buydown | Closing cost credit | |
|---|---|---|---|
| Monthly payment | $3,209.16 | $3,125.08 | $3,283.19 |
| Saves per month | $74.04 | $158.11 | $0.00 |
| Cash saved up front | $500.00 | $0.00 | $10,000.00 |
| Total benefit | $6,718.95 | $13,281.18 | $10,000.00 |
Rate buydown assumes each discount point lowers the rate 0.25% (here 0.658% lower). Estimates only; ignores equity, appraisal and lender concession limits.
Prototype: conventional MI uses placeholder rates.
DRAFT: Taxes include an estimated homestead discount (80% of the full tax rate). It applies only to a primary residence once the homestead exemption is approved, so actual taxes may be higher.
Freddie Mac weekly survey as of Oct 15, 2026. Based on conventional loans with 20% down and excellent credit. A national benchmark, not an SFMC rate quote or offer.
Compare three down payments side by side.
| 5% down | 10% down | 20% down | |
|---|---|---|---|
| Down payment | $20,000.00 | $40,000.00 | $80,000.00 |
| Loan amount | $380,000.00 | $360,000.00 | $320,000.00 |
| Principal & interest | $2,275.85 | $2,156.07 | $1,916.50 |
| Mortgage insurance | $126.67 | $84.00 | $0.00 |
| Taxes, insurance, PID | $880.68 | $880.68 | $880.68 |
| Monthly payment | $3,283.19 | $3,120.74 | $2,797.18 |
| Cash left after down payment | $40,000.00 | $20,000.00 | Short $20,000.00 |
HOA is billed separately. Cash left excludes closing costs. "n/a" means below the minimum down payment for this loan type.
Prototype: conventional MI uses placeholder rates.
DRAFT: Taxes include an estimated homestead discount (80% of the full tax rate). It applies only to a primary residence once the homestead exemption is approved, so actual taxes may be higher.
Freddie Mac weekly survey as of Oct 15, 2026. Based on conventional loans with 20% down and excellent credit. A national benchmark, not an SFMC rate quote or offer.
See the interest saved and the new payoff time.
Paid off 6 yr 5 mo sooner.
| Standard | With extra | |
|---|---|---|
| Monthly P&I | $1,916.50 | $2,116.50 |
| Payoff time | 30 yr 0 mo | 23 yr 7 mo |
| Total interest | $369,941.74 | $277,339.31 |
Principal and interest only. Assumes the extra goes to principal every month.
Freddie Mac weekly survey as of Oct 15, 2026. Based on conventional loans with 20% down and excellent credit. A national benchmark, not an SFMC rate quote or offer.
