Welcome to this well-maintained two-story home in Sugar Land’s Park Pointe community. Listed at $409,000, the property offers 4 bedrooms, 2½ bathrooms, approximately 2,906 square feet, spacious living areas, a functional kitchen, a two-car garage, and a large backyard.
Both illustrated FHA financing options include $12,270 in down payment assistance and a $12,270 closing cost contribution—3% of the purchase price.
Option 1 — Lower initial payments: The illustrated 2-1 buydown provides estimated principal-and-interest savings of $512.91 per month in Year 1 and $262.60 per month in Year 2. Estimated buyer funds needed AT CLOSING: $9,634.48.
Year 1: 4.875% rate; estimated P&I payment of $2,125.25
Year 2: 5.875% rate; estimated P&I payment of $2,375.56
Years 3–30: 6.875% note rate; estimated P&I payment of $2,638.17
Estimated APR: 7.219%
Option 2 — Low cash to close: Purchase the home with an estimated $328.25 in additional buyer funds AT CLOSING, after crediting the assumed $4,090 earnest money deposit already paid. Illustrated 30-year FHA rate: 6.875%; estimated APR: 7.242%.
A deal brought to you by Edi Shek!

























