Calculate the cost and savings of temporary mortgage rate buydowns. Compare different buydown options and see how they affect your monthly payments during the initial years of your loan.
A temporary buydown is a mortgage option that lowers a buyer's interest rate for a set period of time. This can help buyers make smaller monthly payments during the first few years of their loan.
| Year | Buydown Rate | Note Rate Payment | Buydown Payment | Monthly Savings | Number of Payments | Annual Savings |
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