Mortgage calculator
Buydown Calculator
Temporary buydowns lower your rate for the first one to three years. See each year's payment and what the buydown costs up front.
Your numbers
Buydown cost
$6,220
Usually paid by the seller or builder at closing
Year 1 at 4.750%
$1,408
Saves $343 a month
Year 2 at 5.750%
$1,576
Saves $176 a month
Year 3+ at 6.750%
$1,751
Full note-rate payment
A temporary buydown lowers your payment for the first one to three years while you qualify at the full note rate. The cost is deposited in an escrow account and drawn down each month. If you refinance early, any unused funds are usually credited back.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment or financial advice. We cannot guarantee their accuracy or applicability to your circumstances. Results are estimates only and are not a loan offer or commitment to lend.
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