Your down payment will be dependent on a variety of factors, but our land loans typically require a 10 to 20 percent down payment. The property I am interested in purchasing with my land loan is within a flood zone.

Mortgage rates have generally trended downward since 2005, but Texas property taxes have risen alongside property values. Additionally, Texas homeowners’ insurance premiums rose 34 percent from 2007.

This land loan calculator computes monthly payments & the total interest based on the purchase price, downpayment amount, interest rate and number of.

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