Understanding Your Mortgage Payment

Why Meritage Homes’ All-In Pricing Makes a Big Difference

Buying a new home can be exciting, but it’s often filled with unexpected costs. Meritage is changing that with its All-In Pricing, designed to make the homebuying process simpler, faster, and more transparent.

When shopping for a new home, many buyers focus on the monthly payment shown on listings. But not all builders calculate this the same way. Most only show Principal and Interest (PI)—the base loan repayment. However, a true monthly mortgage payment includes PITI:

• Principal: The amount borrowed.
• Interest: The cost of borrowing that money.
• Taxes: Property taxes paid to your local government.
• Insurance: Homeowners insurance to protect your property.

Together, these four components make up your total monthly housing expense, and they can significantly affect affordability. For example, property taxes and insurance can add hundreds of dollars per month.

Unlike many homebuilders who only advertise PI, Meritage Homes uses All-In Pricing and includes PITI in their monthly payment estimates. This gives buyers a realistic view of their financial commitment avoiding surprises later when escrow accounts kick in or insurance premiums are due. No games, no surprises. Just Clarity. Built In.

Meritage Homes’ All-In Pricing is a game-changer in the new home market. By combining transparency, convenience, and quality, it empowers buyers to make confident decisions and enjoy their new homes from day one.

Visit Meritage Homes to learn more and find your Move-In Ready home today.