Discover this 4-bedroom, 3.5-bath home offering 3,474 sq. ft. in Oak Estates at Jacobs Reserve, Conroe. At a scenario purchase price of $795,000, explore $23,850 in Down Payment Assistance (3%) plus $23,850 in Closing Cost Contribution (3%), subject to eligibility and seller agreement.
Option 1 — Lower Initial Payments: With a 2-1 buydown, save approximately $987.14 per month in Year 1 and $504.55 per month in Year 2. Payment-equivalent rates are 5.375% in Year 1 and 6.375% in Year 2, followed by the 7.375% note rate; estimated APR is 7.517%. Estimated total out-of-pocket funds: $31,104.96, including the $7,950 earnest-money deposit (1%) and $23,154.96 needed at closing.
Option 2 — Lower Cash Needed: Without the buydown, the note rate is 7.375%, with an estimated 7.534% APR. Estimated total out-of-pocket funds: $13,204.71, including the $7,950 earnest-money deposit (1%) and $5,254.71 needed at closing.



