Buyers are advised to consult their tax professional or legal advisor to determine applicability and eligibility). Estimated monthly payment includes the HOA at $117.76 per month, annualized property insurance rate of 0.3% of purchase price, and annualized property taxes of 1.25% of purchase price (property taxes for homes located in Texas assume a discounted rate for Homestead Exemption which may or may not be applicable to any particular buyer. Estimated monthly payment also uses an annual PMI rate of 0.44%. Estimated monthly payment assumes Conventional financing using the purchase price provided above with a 10% down of purchase price and a 3.125% interest rate on a 30 year loan.
The estimated monthly payment is provided for purposes of illustration only and is not a commitment to lend, nor a representation or guaranty that such payment amount will be applicable to any buyer and/or transaction. Meritage Homes®, Meritage Active Adult, Monterey Homes, Legendary Communities, and Phillips Builders are all trademarks of Meritage Homes Corporation. Offers to sell real property may only be made and accepted at the sales center for individual Meritage Homes communities. Not an offer or solicitation to sell real property. Pricing may not include lot premiums or other amounts allocable to a specific lot selection. Home, pricing and community information is subject to change, and homes to prior sale, at any time without notice or obligation. Potential homebuyers / borrowers that desire information or guidance tailored to their specific situation should contact a relevant professional. Meritage Homes does not assume any duty by making this calculator or any related information available, all of which duties are expressly disclaimed, and Meritage Homes shall not be responsible for any errors or omissions therein or the consequences of any decisions or actions taken in reliance thereon. Accordingly, this calculator and any related information are provided on an "AS IS" AND "AS AVAILABLE" BASIS WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF SUITABILITY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. Further, this calculator and any related information may not include all financial information relevant to any particular user/home financing transaction, loan programs and rates are subject to change and may not be available to any particular borrower or home financing transaction, and there often are other important considerations to any home buying / financing decision. Although the calculator may be a useful tool in evaluating certain financial information and assumptions provided by the user (all inputs, including any amounts provided as starting assumptions, are subject to user input/adjustment), it is not intended in any way as financial, securities, insurance, tax, or legal advice or services, and in no event should it be construed as a commitment to lend. This calculator and any related information are provided solely for general information purposes.
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