Richmond American Homes Syracuse, Utah

Simpson Springs

Ranch-style homes near Hill Air Force Base and Antelope Island. Features Richmond American Home Gallery personalization and modern floor plans.

Price Range $420,000 – $570,000

Bedrooms 3 – 5

Bathrooms 2.0 – 3.5

Square Footage 1,800 – 3,200

Home Type Single Family

Status Under Construction

Monthly Payment Estimator

Home Price $495,000

Loan Type

Estimated Total Monthly —

Principal & Interest —

PMI —

Property Tax (est.) —

Homeowner's Insurance —

Get Your Exact Payment

Estimates for comparison only. Your actual payment depends on credit score, rate lock, lender fees, and loan terms. Property tax uses Utah avg ~0.58% of home value. Insurance estimated at $1,200/yr. PMI/MIP rates are approximate.

Interested in Simpson Springs?

Get independent guidance on pricing, incentives, and the buying process.

Get Info Call (385) 213-2095

Location

Map shows approximate community location in Syracuse, Utah.

Current Incentives

Builder Incentives at Simpson Springs

Design Credit

Home Gallery Credit

Receive a credit toward personalization at the Richmond American Home Gallery. Choose your finishes, flooring, and fixtures.

Up to $15,000

Closing Cost Credit

Closing Cost Assistance with HomeAmerican Mortgage

Closing cost assistance available when using HomeAmerican Mortgage, Richmond American's preferred lender.

Up to $10,000

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.

Down payment on a $495,000 home: $99,000

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.

Down payment on a $495,000 home: $24,750

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.

Down payment on a $495,000 home: $17,325

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.

Down payment: $0 (VA funding fee applies)

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 options

About the Builder