Mortgage Calculators
Rate Buydown Calculator
Estimate your payment...
A rate buydown is a mortgage loan option in which the seller or builder temporarily reduces the homebuyer’s interest rates. The seller or builder pays a lump sum up-front, ensuring a temporarily lower interest rate during the buydown period.
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| 3/2/1 Buy Down | Interest Rate | New Payment | Monthly Savings | Annual Savings |
|---|---|---|---|---|
| Year 1 | ||||
| Year 2 | ||||
| Year 3 | ||||
| Total |
| 2/1 Buy Down | Interest Rate | New Payment | Monthly Savings | Annual Savings |
|---|---|---|---|---|
| Year 1 | ||||
| Year 2 | ||||
| Total |
| 1/0 Buy Down | Interest Rate | New Payment | Monthly Savings | Annual Savings |
|---|---|---|---|---|
| Year 1 |
For informational purposes only and may not be accurate for your individual situation. Payment shown includes principal and interest only. Your payment may include taxes, insurance and/or association fees. This is not a commitment to lend and is not a pre-approval. Consult an Ideal Lending LLC Lending Specialist for full details.