Financing & Homeownership
Same budget.
Brand new home
Discover how your monthly budget could open the door to a brand-new home at The Boulevard. Enjoy modern spaces, explore special financing opportunities and take the next step toward a place of your own.
- Brand-new construction
- Special financing
- Equity from month one
Own brand-new from
$249,000
Special financing incentive*
5.99%
30-year
fixed*
HOA dues
$79/mo
Lawn care, trash service and community amenities included*
Illustration only. Confirm current pricing, rates, APR, incentives and HOA dues with the sales team and lender. View assumptions and disclosures.
Illustrative comparison*
See what your
monthly budget could buy
A similarly priced older home can carry a higher repair reserve. A rental may feel cheaper, but it does not build ownership equity.
New construction
The Boulevard
Brand-new home
-
Purchase price $249,000
Sample rate: 5.79%*
-
Principal & interest $1,386
Estimated monthly mortgage payment
-
Taxes & insurance $400
Taxes + homeowners insurance + mortgage insurance
-
HOA dues $79
Lawn care + trash included
-
Upkeep reserve $75
Monthly maintenance + repair allowance
Estimated monthly budget
$1,940
per month*
Projected ownership equity after 5 years**
$76,193
Illustration only; includes down payment.
Rental comparison
Renting
Apartment or townhome
-
Purchase price / rate —
Not applicable to this rental example
-
Monthly rent $1,800–$1,900
Illustrative rental range
-
Renters insurance $25
Estimated monthly insurance
-
Lawn care + trash Included
Assumed included in rent
-
Upkeep reserve $0
Assumed in this rental example
Estimated monthly budget
$1,825–$1,925
per month*
Projected ownership equity after 5 years**
$0
No ownership stake
Resale comparison
Older home
15–20+ years old
-
Purchase price $249,000
Sample rate: 7.25%*
-
Principal & interest $1,614
Estimated monthly mortgage payment
-
Taxes & insurance $400
Taxes + homeowners insurance + mortgage insurance
-
HOA dues $0
Lawn care + trash: $125 per month
-
Upkeep reserve $300
Monthly maintenance + repair allowance
Estimated monthly budget
$2,439
per month*
Projected ownership equity after 5 years**
$72,481
Illustration only; includes down payment.
Monthly estimates are rounded. Equity projections assume 3.5% annual appreciation; appreciation is not guaranteed, and equity is not profit.
Your housing payment
should build something
Enjoy modern design, quality construction and brand-new systems. With special financing, a lower illustrated repair reserve and the opportunity to build equity, The Boulevard puts your housing dollars toward a home and a future of your own.*
What you could own
in 5 years**
$76,193
$12,450 your down payment
+ $17,009 estimated mortgage paydown
$46,734 appreciation at an assumed 3.5% annually
10-year projection: $154,402**
Illustrative equity, including your down payment. Home values can remain flat or decline. Purchase and selling costs are excluded.
Illustration assumptions & disclosures
*Illustration only. Purchase examples assume 5% down ($12,450), a $236,550 conventional loan and 360 monthly principal and interest payments; payments shown are $1,386.46 at a sample 5.79% note rate achieved through special financing incentives provided by the builder and preferred lender, and $1,613.69 at an assumed 7.25% note rate. Principal and interest excludes taxes and insurance. Owner budgets assume $200 taxes, $100 homeowners insurance and $100 mortgage insurance monthly. Expenses, HOA dues, lawn/garbage costs and repair reserves are estimates; actual costs vary. Utilities, closing costs, deposits and HOA initiation fees are excluded. Financing is subject to credit, income and lender approval; not all buyers qualify. Confirm current rates, APR, incentive terms and availability with the lender.
**Assumes 3.5% annual appreciation and scheduled payments. Appreciation is not guaranteed; values can remain flat or decline. Equity includes down payment and excludes purchase/selling costs; it is not profit. Older-home upkeep varies by condition; new homes also require maintenance. Maintenance research considered Bankrate 2025 hidden-cost methodology, Angi 2024/2025 home spending reports and NAHB/Bank of America home-component life expectancy data. Images are illustrative; features may vary.