As more and more home buyers are getting familiar with Energy Star and its features and benefits, the biggest question Biltmore gets asked is "how does it actually save me money"? Well here is a good breakdown that shows an example of how an Energy Star home priced at $300,000 lowers your monthly costs!
This is correct, lower monthly costs than a lower priced home!
Standard New Home Energy Star Home
$300,000 Base Sales Price $300,000
$0 Energy Upgrades $5,000
$1796 Monthly Mortgage* $1826
$214 Monthly Utilities* $160
$2010 Total Monthly Housing Costs $1986
$0 Yearly Savings $288
$300,000 Base Sales Price $300,000
$0 Energy Upgrades $5,000
$1796 Monthly Mortgage* $1826
$214 Monthly Utilities* $160
$2010 Total Monthly Housing Costs $1986
$0 Yearly Savings $288
Total Mortgage Life Savings $8,640
* = 30 YEAR 10% DOWN 7% APR * Utility costs based on current prices
So yes you do get lower total monthly housing costs & along with the below benefits of an Energy Star Home:
* = 30 YEAR 10% DOWN 7% APR * Utility costs based on current prices
So yes you do get lower total monthly housing costs & along with the below benefits of an Energy Star Home:
- More Comfortable and Quieter
- Higher Resale Value
- Third Party Quality Verification
- Healthier Indoor Air Quality
- Lower Maintenance
- Helps Protect the Environment
Biltmore Homes is proud to be an Energy Star certified builder as please contact Biltmore for a personal tour of one of our homes to see the features of Energy Star up close and personal.
Built For Life!
- Team Biltmore
