Finance Tools
Mortgage Rate Buydown Calculator (2-1 / 1-0)
Calculate how temporary mortgage rate buydowns (2-1 or 1-0) affect your monthly payment and total cost.
Temporary rate buydowns lower your mortgage rate for the first 1–2 years. This calculator shows how much you save early on compared to the standard rate.
How to use this mortgage rate buydown calculator (2-1 / 1-0)
- Enter your loan amount, term, and standard interest rate.
- Choose a buydown type (2-1 or 1-0).
- Click Calculate to see reduced payments in early years and the normal payment afterward.
Example
Suppose you qualify for a temporary mortgage rate buydown.
- Loan amount: $300,000, term: 30 years
- Standard rate: 7.00%
- 2-1 buydown: 5.00% (year 1), 6.00% (year 2), then 7.00%
- This tool estimates early-year savings and payment changes.
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