Same house. Different paths.
Every option below is built on your numbers. Change anything and the math updates on the spot. No calculators were harmed in the making of this page.
Loading today's Market Watch rates…Estimates only. Mortgage insurance and upfront fees are typical figures and vary by credit score and program. Taxes are estimated from purchase price. Not a commitment to lend; rates change daily and depend on credit, property and program approval.
The Buydown Showdown
The seller is willing to kick in some cash. Do we cut the price, buy the rate down for 3 years, or buy it down for good? Same dollars, very different results.
Money in your pocket over time
Total payment savings versus taking no concession at all.
Payment by year
Principal & interest only.
Total savings checkpoints
If you sell or refinance at each point, here's what each strategy saved you. Green marks the winner.
Temporary buydown funds are held in escrow by the lender. With most lenders, unused funds are credited toward your loan if you refinance or sell during the buydown years. Permanent buydown points are spent at closing. Seller concessions are capped by program and loan-to-value. Point pricing changes daily.
Your Loan Snapshot
Pick the structure on the Compare tab (the "Client's pick" box), tick what applies below, and print. Page 1 is the loan snapshot and needs list. Page 2 holds your call notes and the borrower authorization for signatures.
Client
Include on printout
Needs list: borrower profile
Loan officer info comes from the Loan Officer dropdown in the top bar.
