204 W Boyd Bonham

Owner Finance or Lease with Right to Purchase with less upfront money.

204 W Boyd St Bonham

3/2 Single Family, 1,680 sq ft. .14 acres

Estimated Monthly Payment

• Principal & Interest: $1,099.60
• Taxes & Insurance: $366
• Total:     $1,465/month

Price: $165,000
Down Payment: $15,000
Term: 30 years (360 months)

Initial Interest Rate: 7.99% fixed for the first 12 months

Adjustments:

• Beginning in year 2, the rate may adjust once per      year for the next four years.
• Each annual adjustment is based on the CFPB-published      30-year Average Prime Offer Rate (APOR) + 6.00%.
• Annual Adjustment Cap: rate may increase by no more than 1.00% per year     during this period.
• Five-Year Cap:     rate will never exceed 9.99% during the first 5 years, regardless      of APOR changes.

Current Index Example:

• 30-year APOR (as of 11/6/25): 6.29%
• APOR + 6.00% = 12.29% 
• Because of the five-year cap, the maximum possible rate      during the first five years is 9.99%, not 12.29%.

After Year 5:

• The loan may continue to adjust annually under the APOR      + 6.00% formula, subject to the long-term periodic and lifetime caps      specified in the note.

No Origination Fee – No Prepayment Penalty

Estimated Payment Example (Principal & Interest Only)

• At 7.99%: ≈ $1,099.60 /month
• If the rate rises to the 9.99% five-year maximum: ≈      $1,315.25 /month
• Plus estimated taxes & insurance: ≈ $366 /month

⚠ Important: This is an adjustable-rate mortgage. The interest rate and monthly payment may increase after the initial 1-year fixed period. Rate changes are based on the CFPB-published 30-year APOR + 6%, with annual increases capped at 1% and a maximum of 9.99% during the first 5 years. Buyer qualification required.

Sage Grove Investments LLC (NMLS# 1807595, mortgage company license)

- 5900 South Lake Forest Drive Suite # 300 | McKinney, TX | 75070.

Geoff Hargrove (NMLS# 1110669, mortgage loan originator license)

- 214 592 5022, SageGroveInvestments@gmail.com