3-2-1 Buydown Calculator
Calculate the cost and savings of a 3-2-1 temporary buydown over three years
Loan Details
$
%
Need a Professional Comparison?
Use ShowTheRate to create beautiful, shareable mortgage comparisons for your clients.
Create Your Own ComparisonFrequently Asked Questions
A 3-2-1 buydown reduces your interest rate by 3% in year one, 2% in year two, 1% in year three, then reverts to the full note rate from year four.
A 3-2-1 buydown costs more than a 2-1 because it covers three years of reduced payments. For a $400,000 loan at 7%, expect to pay $15,000-$20,000.