1st Year$2,617 @ 6.25%
2nd Year$2,617 @ 6.25%
3rd Year$2,617 @ 6.25%
Remaining Term$2,617 @ 6.25%
Buydown Calculator
Use our buydown calculator to understand how different temporary and permanent rate buydowns can affect your monthly mortgage payments.
1st YearMonthly Payment & Rate
2nd YearMonthly Payment & Rate
3rd YearMonthly Payment & Rate
Remaining TermMonthly Payment & Rate
1st Year$2,347 @ 5.25%
2nd Year$2,617 @ 6.25%
3rd Year$2,617 @ 6.25%
Remaining Term$2,617 @ 6.25%
1st Year$2,347 @ 5.25%
2nd Year$2,347 @ 5.25%
3rd Year$2,617 @ 6.25%
Remaining Term$2,617 @ 6.25%
1st Year$2,091 @ 4.25%
2nd Year$2,347 @ 5.25%
3rd Year$2,617 @ 6.25%
Remaining Term$2,617 @ 6.25%
1st Year$1,850 @ 3.25%
2nd Year$2,091 @ 4.25%
3rd Year$2,347 @ 5.25%
Remaining Term$2,617 @ 6.25%
1st Year$2,347 @ 5.25%
2nd Year$2,347 @ 5.25%
3rd Year$2,347 @ 5.25%
Remaining Term$2,347 @ 5.25%
Estimated monthly P&I$2,091
First-year payment savings$526
* The rates, payments, and results prepared by the interest rate buydown finance calculator are hypothetical and provided for illustrative purposes only. The provided values for interest rates do not reflect currently available interest rates. All payment examples do not include taxes and insurance and are estimates only. Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.
* The Permanent Buydown option assumes a cost of 2.00% of the loan amount paid by a builder or seller concession and applies to new or existing home purchases only.
* Information and results prepared by the Builder Buydown Finance Calculator cannot be used by the lender to determine a customer's eligibility for a specific product or service. The lender is not responsible for the content, results, or accuracy of information. This is not an offer to lend and does not constitute an interest rate lock, commitment to lend, or preapproval. Consult a licensed Loan Originator for full details.
* Payment example: If you bought a $531,250 home in Florida with a 20% down payment, for a loan amount of $425,000, with a 30-year term at a fixed rate of 6.25%, you would make 360 payments of $2,617. The payment stated does not include taxes and insurance, which will result in a higher payment.
* Builder, seller, borrower or third-party can pay for buydowns. Please reverify the buydown costs prior to closing.
