09/24/2026
๐ก WHAT IF WE CHANGED THE PAYMENT INSTEAD OF THE PRICE?
That's the conversation we're having at 505 S College Street in Franklin.
Offered at $344,900 the sellers are willing to consider helping an eligible buyer with a 2-1 temporary interest-rate buydown with an acceptable offer.
Here's why that caught my attention.
Using a 6.75% fixed rate as an example:
๐ Year 1 could feel more like 4.75%
๐ Year 2 could feel more like 5.75%
๐ Year 3 and after returns to 6.75%
For one financing example, that could mean roughly $350 a month less in principal and interest during the first year.
If you've looked at this home before but the payment gave you pause, this might be worth another look.
Message me โ505โ and I'll help you get an actual payment scenario from a lender based on your financing.
๐ 505 S College Street | Franklin, KY
๐ฐ $349,900
Debbie Johnson
๐ฑ 270-776-0225
Listing Courtesy of Keller Williams First Choice Realty
*Example only based on a 6.75% note rate. Rates, payments, qualification and loan programs vary. Subject to lender approval.