Hillwood Towns
Premium townhomes in American Fork with luxury finishes and low-maintenance living. High-end design for discerning buyers.
Location
Map shows approximate community location in American Fork, Utah.
How we calculated this
Understanding Your Payment Estimate
Conventional (20% down)
The standard option. No private mortgage insurance (PMI) required because you're putting 20% down. Lowest monthly payment but highest cash upfront.
Conventional (5% down)
Lower cash upfront, but PMI is added (~0.5% of loan/yr) until you reach 20% equity. PMI typically drops off automatically once you hit 78% loan-to-value.
FHA (3.5% down)
Government-backed loan with lower credit requirements. Includes upfront MIP (1.75% of loan, usually rolled in) plus annual MIP (~0.55%/yr) for the life of the loan on most terms.
VA (0% down)
Available to veterans and active military. No down payment, no PMI. There is a one-time VA funding fee (typically 2.15% for first use) which is usually rolled into the loan.
Which loan is right for you? It depends on your situation. A lower down payment keeps more cash in your pocket for upgrades, moving costs, or reserves — but it increases the monthly payment. We help you compare all options side by side so you can make the best decision for your family.
Talk through your optionsAbout the Builder
Hillwood Homes
Luxury builder in American Fork specializing in high-end single-family homes and townhomes. Premium finishes, custom-level floor plans, and exclusive locations for discerning buyers.
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How We Help With Hillwood Towns
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