Payment assumptions and disclosures

Plain answers to how the numbers on this site are made, and the notices Texas and federal rules require.

How the estimated payment is calculated

Every home shows an estimated monthly payment built the same way, from these assumptions, last reviewed Oct 22, 2026:

Down payment of 10% of the builder’s list price.
A 30-year fixed-rate loan on the remainder.
An example interest rate of 7.32% (7.32% APR, which assumes no points or lender fees), from the Freddie Mac Primary Mortgage Market Survey, 30-year fixed average. When the builder states a permanent buy-down for that home with both its rate and its APR, the builder’s rate is used and both are labelled as the builder’s.
The payment is worked out from the interest rate. The APR is shown beside it because it includes the cost of credit.
Mortgage insurance is not included. With less than 20% down most loans require it, so the actual payment will be higher.
Property tax at the rate the builder states for the home, or 2.20% of the price a year when none is stated.
Homeowners insurance of $2,400 a year.
The HOA fee the builder states, or $0 when none is stated.

Temporary buy-downs (for example a 2-1 buy-down) are described in the incentive text and are not used in the headline estimate, because the payment changes each year. “Deal worth” is the dollar value the builder states for a credit or reduction, or for a permanent rate buy-down the first-year difference between the example rate and the builder’s rate, labelled as such. No other horizon is assumed.

Builder incentives, pricing and rate offers are set by each builder, change without notice, may require use of the builder's affiliated lender, and are subject to buyer qualification. Estimated payments are examples based on the assumptions shown, do not include mortgage insurance, are not an offer of credit, and are not a commitment to lend. Every interest rate is shown with its annual percentage rate (APR), as stated by the builder or the named source as of the date stated. Confirm every figure with the builder and your lender before relying on it.

Brokerage

Bryant Armstrong is a licensed Texas real estate sales agent sponsored by LPT Realty, LLC. He represents buyers. He is not a builder and does not represent any builder. Bryant Armstrong holds TREC sales agent license #750735. LPT Realty, LLC holds TREC broker license #9012763, 10824 E Crystal Falls Pkwy, Leander, TX 78641.

Builders and lenders

Builder names appear only to identify the homes they sell. Many builder incentives require the use of the builder’s affiliated lender and title company; that requirement is stated in the incentive text where the builder disclosed it. Bryant Armstrong does not receive compensation from any lender or title company for a referral. Where a builder pays a commission or bonus to the buyer’s agent, it is paid by the builder and disclosed to you in writing before you sign.

Texting

If you check the text consent box on a form, you agree to receive text messages at the number you give, some of which are sent by an automated assistant that identifies itself as one when asked. Reply STOP to any message to end them, and HELP for help. Consent is not a condition of buying anything or of getting a reply.

Equal housing

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

Accuracy

Listing details come from the builders and the sources named on each home and are believed reliable but are not guaranteed. Availability, prices, incentives and dates change without notice. Confirm every figure with the builder and your lender before relying on it, and tell Bryant when something here is wrong so it can be fixed within two business days.