16294 Basset Mill Way
Monument, CO 80132|Seville II Plan
$1,067,400
4Beds
3½Baths
4,486Sq. Ft.
2Car Garage
Explore your financing options
Explore your financing options
5/1 ARM3.875%Initial interest rate
FIXED RATE4.99%Fixed interest rate
3-2-1 Buydown
3.5%Year 1 rateFeatured payment optionYear 24.5%
Year 35.5%
Year 4 onward6.5%
Rates shown are for VA financing. Interest rates, not APR. Subject to eligibility, availability and lender approval. See individual homes for payment details.
Payment assumptions & details
Payment example for 16294 Basset Mill Way
| Home sales price | $1,067,400.00 |
|---|---|
| Modeled adjusted contract price | $1,179,777.40 |
| Loan amount | $1,205,142.62 |
| Loan term | 30 years |
| Down payment | 0% ($0.00) |
| Fixed note rate (not APR) | 6.5% |
| Loan program | VA 3-2-1 Buydown — eligible buyer with full entitlement |
| Total 3-2-1 buydown cost | 8.661% ($104,377.40) |
| VA funding fee | 2.15% ($25,365.21) — financed |
| Assumed closing costs | $8,000.00 — modeled seller credit |
| Year 1 principal & interest paid by buyer | $5,411.63 |
|---|---|
| Estimated property taxes | $1,052.92 |
| Homeowners insurance | $180.00 |
| Mortgage insurance | $0.00 |
| HOA / metro charges | $180.00 |
| Year 1 estimated monthly total | $6,824.55 |
| Period | Payment based on | Estimated monthly payment |
|---|---|---|
| Year 1 | 3.5% | $6,824.55 |
| Year 2 | 4.5% | $7,519.20 |
| Year 3 | 5.5% | $8,255.59 |
| Year 4 onward | 6.5% | $9,030.24 |
Fixed note rate: 6.5%. A builder-funded 3-2-1 buydown reduces the buyer’s principal and interest payments during years 1–3. Payments increase each year through year 4. Tax, insurance and community-fee estimates are held constant in this illustration; actual amounts can change.
The advertised amount is the Year 1 estimated payment. A builder-funded 3-2-1 buydown reduces the buyer’s principal and interest payments during the first three years; the underlying note rate remains fixed. Payments are based on a rate 3 percentage points below the note rate in Year 1, 2 points below in Year 2, and 1 point below in Year 3. Full note-rate payments begin in Year 4. Taxes, insurance and HOA/metro charges are estimates and may change. Interest rate is not APR. Financing costs are modeled through a higher contract price and seller credits, subject to lender approval and appraisal support. Contact the lender for a complete Loan Estimate.
About this home
Space to live, gather and grow.
This four-bedroom home offers 4,486 square feet of space to live, gather and grow. Enjoy space for shared meals, time together and a place to unwind.
Step inside the Seville II plan
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Video shows the Seville II floor plan. Elevation, options and finishes may differ from this home.
Floor Plans
See how 4,486 sq. ft. lives.
Explore the Seville II floor plan and available layout variations.
Floor plans are representative. Actual home configuration may vary.
The NeighborhoodExplore Home Place Ranch
Life at Home Place Ranch
Home Place Ranch is located in the foothills of Monument. The community is on the east side of I-25 off of Glen Eagle Drive.
- Natural Walking Trails
- Panoramic Front Range Vistas
- Near I-25
Lewis-Palmer School District 38
- Bear Creek Elementary
- Lewis Palmer Middle School
- Lewis Palmer High School
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That trust is what keeps us focused on building homes worthy of life’s most meaningful moments.
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Amy SundquistChallenger Homes(303) 910-4711
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