07/28/2026
💰 New FHA Payment Assistance Program
For eligible FHA home purchases, the seller may be able to pay the interest portion of your monthly mortgage payment for the first six months.
✅ You pay principal only during that time.
✅ Every payment goes directly toward building equity in your home.
✅ Lower monthly payments can make the transition into homeownership much easier.
Example:
🏠 $500,000 home
• 3.5% down
• 6.25% interest rate
Instead of paying approximately $3,023/month for principal and interest, your payment could be approximately $466/month (principal only) for the first six months.
That's a significant reduction while you're getting settled into your new home!
📌 This program uses a seller concession that fits within FHA guidelines and may also leave room to help with closing costs, depending on the transaction.
If you'd like to see how this program could work for your situation, I'd be happy to help you explore your options.
📞 Annie Burr, REALTOR®
KW Westfield
📱 801-735-3361
📧 [email protected]
For payment estimates, you can also try this calculator:
https://taylorsmortgageloans.github.io/tools/ =500000&d=3.5&m=p&r=6.25
Special thanks to Taylor Wright, Loan Officer (NMLS #1497742), 801.300.4032 for sharing this financing strategy during today's training.
