Payment plans

Four ways to pay for a residence

From a cash purchase with a 3% discount, to a 30-year fixed mortgage with 20% down. Each plan includes the fee schedule below.

Cash purchase

3% price discount

Pay the full price at handover. No financing contingency.

Down payment
100%
Discount
3%
Terms
1
Term (years)Fixed rate
1 years0.0%

20% down, fixed

1% price discount

Twenty percent at reservation, balance financed on a fixed rate.

Down payment
20%
Discount
1%
Terms
4
Term (years)Fixed rate
15 years5.9%
20 years6.1%
25 years6.3%
30 years6.5%

30% down, fixed

1.5% price discount

A larger down payment unlocks a lower fixed rate.

Down payment
30%
Discount
1.5%
Terms
4
Term (years)Fixed rate
15 years5.6%
20 years5.8%
25 years6.0%
30 years6.2%

50% down, fixed

2% price discount

Half down, balance financed on the lowest fixed rate.

Down payment
50%
Discount
2%
Terms
3
Term (years)Fixed rate
10 years5.1%
15 years5.3%
20 years5.5%

Simulator

Run the numbers

Move the sliders to see how price, down payment, term, and rate change the monthly payment. Simulation only — not an offer of credit.

$685,000
$137,000
20 years
6.1%

Monthly payment

$3,958

Simulation — not an offer of credit

Loan amount
$548,000
Total interest
$401,853
Total paid over term
$1,086,853
Effective monthly cost
$4,529

This calculator shows an illustrative amortization on a fixed rate. It does not include taxes, insurance, HOA dues, or closing costs. Speak with a reservation specialist for an offer tailored to your circumstances.

Principal Interest

50 / 50 split at 6.1% over 20 years

Fees

Beyond the price

These are the additional costs that apply to every plan, in addition to the purchase price.

Reservation fee
$5,000
Paid at reservation, refundable on contract.
Notary estimate
1.2% of price
Final fee set by the notary you choose.
Registration estimate
0.8% of price
Local land registry fee, varies by jurisdiction.

Illustrative simulation only. Figures are not an offer of credit and do not include taxes, insurance, or HOA dues.