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PERUQUE HILLS HOME MODELS

Chardonnay	Champagne	Shiraz	Cabernet
Merlot	Bordeaux	Tuscan
PERUQUE HILLS FREEDOM HOME MODELS
Augusta	Odessa	Montelle	Chandler

100 Chesterfield Business Parkway   |   Suite 300   |   Chesterfield, MO  63005   |   (636) 728-5580 - Phone   |   (636) 728-5555 - Fax
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***This is a standard 2/1 buy down of a 30 year fixed rate of 5.0% (5.291% APR). The first 12 months rate will be at 3.0%.The second year rate increases to 4.0% and the third through thirtieth year the rate remains at 5.0%. This is a standard 30 year fixed with no prepayment penalty. This program will be offered on FHA and conventionally financed loans (max ltv on conventional loans is 95%).  Based on a $180,000.00 sale price and a loan amount of $181,600.00 the first year principal and interest would be $766.05 (does not include taxes insurance or PMI) the savings for year one would be over $2400.00! Year 2 - the principal and interest would be $867.34 - a savings of over $1200.00! In Year 3 and the remaining years on the 30-year term, the principal and interest would level off at  $975.16. Buy down financing allows for families to adjust to their new home with a lower payment the first couple years while providing the security of a fixed rate.