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2-1 Buydown Calculator

Show clients exactly how a 2-1 temporary rate buydown reduces their payment in years one and two — and what it costs the seller or builder.

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20.0% of home price · Loan: $320,000

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Year 1: 4.75% · Year 2: 5.75% · Year 3+: 6.75%

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How the 2-1 Buydown Works

A seller or builder deposits a lump sum into an escrow account that subsidizes the borrower's interest rate for the first two years. Year 1: rate is reduced by 2%. Year 2: reduced by 1%. Year 3 through payoff: the full note rate applies.

Year 14.75%

$2,169.27/mo

Save $406.24/mo

Principal & Interest$1,669.27
Property Tax$400.00
Insurance$100.00
Year 25.75%

$2,367.43/mo

Save $208.08/mo

Principal & Interest$1,867.43
Property Tax$400.00
Insurance$100.00
Year 3+6.75%

$2,575.51/mo

Principal & Interest$2,075.51
Property Tax$400.00
Insurance$100.00

Buydown Cost Summary

Year 1 Savings (borrower)

$406.24/mo

$4,874.91 over 12 months

Year 2 Savings (borrower)

$208.08/mo

$2,496.97 over 12 months

Total Buydown Cost

$7,371.88

Seller / builder deposit

* Estimates are for informational purposes only. Actual buydown costs and savings may vary. Not a loan commitment. The 2-1 buydown requires seller or builder-paid concessions; consult your loan officer for qualifying requirements.