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Buydown Calculator

Temporary Buydown Type

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Loan Amount

Rate

Loan Term

Types of Temporary Buydown

How Do Temporary Buydowns Work?

A temporary buydown lowers your interest rate for the first few years of your loan. A lump sum, typically paid by the seller, builder, or lender, is placed in an escrow account and used to cover part of your interest payments during that time. After the buydown period ends, your rate returns to the original fixed rate.

Here's how different buydown options work:

3-2-1 Buydown	Your rate is reduced by 3% in year 1, 2% in year 2, and 1% in year 3.
2-1 Buydown	Your rate is reduced by 2% in year 1 and 1% in year 2.
1-1 Buydown	Your rate is reduced by 1% in both year 1 and year 2.
1-0 Buydown	Your rate is reduced by 1% in year 1.

What Happens After the Buydown Ends?

Once the buydown period is over, your loan automatically adjusts to the original fixed interest rate for the rest of the term, with no refinancing or changes needed.

Total Buydown Fee for This Loan Is

Please contact your loan officer to see if this program would be beneficial for you.

Estimated monthly payments for Buydown Period

Monthly payment Monthly savings

Results Summary

This payment is your monthly principal and interest payment [not including taxes and insurance].

Year	Rate	Full monthly payment	Monthly payment with buydown	Monthly savings	Annual savings
{{ row.yearLabel }}	{{ row.rate.toFixed(2) }}%	{{ formatCurrency(row.fullPayment) }}	{{ formatCurrency(row.buydownPayment) }}	{{ formatCurrency(row.monthlySaving) }}	{{ formatCurrency(row.annualSaving) }}

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