2-1 buydowns and discount points, demystified — run live math on seller-paid rate relief and see your year-one payment savings.
Andy and Frank Hempel, Senior Loan Officer's
The Mortgage Refs
Phone: (586) 883-5994
Email: [email protected]
NMLS# 1905798
Company NMLS# 2273319
Licensed in: MI
2-1 buydowns and discount points, demystified — run live math on seller-paid rate relief and see your year-one payment savings.
Loan programs
A seller or builder credit can pre-fund a lower payment for the first one, two, or three years. We show the temporary payment, the permanent note rate, and the break-even against using that same credit for closing costs.
The seller offered a credit. Can it lower my rate?
Yes. We can test a permanent discount-point buy or a temporary 3-2-1 or 2-1 buydown.
You’ll see every year’s payment and what happens when it steps up—before you sign.
Delivered
The lender holds the subsidy in a custodial account and applies it monthly. Your note rate does not change; only the amount due from you changes during the subsidy period.
See the exact payment for every buydown year, the permanent payment after it ends, and the same credit applied three other ways.
Digital-first mortgage guidance for people who’d rather text than call. Clarity, speed, and zero pressure.
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Equal Housing Opportunity. This is not a commitment to lend. All loans subject to credit approval, income verification and property appraisal. Rates shown are illustrative, not an offer, and change without notice.