Buydown Calculator
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Mortgage Details
3/2/1 Buydown
30
Buydown Cost
$20,124.99
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Monthly Payment Estimates
| Interest Rate | Payment | New Payment | Monthly Savings | Payments at Rate | Annual Savings |
|---|---|---|---|---|---|
| 1st year rate: 3.50% | $2,844.31 | $2,020.70 | $823.61 | 12 | $9,883.26 |
| 2nd year rate: 4.50% | $2,844.31 | $2,280.08 | $564.22 | 12 | $6,770.67 |
| 3rd year rate: 5.50% | $2,844.31 | $2,555.05 | $289.26 | 12 | $3,471.07 |
| Buydown Cost (seller paid) | $20,124.99 | ||||
Disclosure: Information and interactive calculators are made available to you as self-help tools for your independent use. We cannot and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. All loans are subject to approval and credit terms may vary.
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