TEMPORARY BUYDOWN CALCULATOR

Buydown Explorer — 3‑2‑1 · 2‑1 · 1‑1

Buydown Explorer · 3‑2‑1 · 2‑1 · 1‑1

Enter loan terms. Use the slide ruler to pick a buydown. The tool calculates seller‑paid cost for temporary buydowns and shows the payment reduction by year.

Inputs

3‑2‑12‑11‑1
Temporary buydown seller cost is the sum of monthly differences between the note‑rate P&I and the discounted‑rate P&I during the buydown period. Payment reduction shown is on P&I only. Program caps and investor rules apply.

Summary

Note‑Rate P&I

$—
Based on loan, term, rate

Seller Cost Required

$—
Temp buydown fund

Year‑1 Reduction

$—
per month
YearRateP&I PaymentReduction vs. NoteMonthsSeller Cost (year)
Total Seller Cost$—
Educational estimate. Temporary buydown funds generally must be seller/third‑party paid and are subject to program limits.


Interactive calculators are self-help tools. All examples are hypothetical and for illustrative purposes only.

Branch: Canopy Mortgage - TLC Group - 13809 Research Blvd, Ste 500, Austin, TX 78750 | Office #512-598-9093 | NMLSConsumerAccess.org #: 1359687 | Equal Housing Lender -All loans subject to credit and property approval.


Consumers wishing to file a complaint against a banker or a residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov. State Licenses page, Privacy Policy, and Terms of Use