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Permanent Discount, 2-1, 3-2-1: Seller-Funded Buydowns to Beat a 6.75% Mortgage
💡 Did You Know? You don’t always have to swallow today’s 6.75 % fixed rate. In this deep-dive of The Pulse and Perspective, host Peter D’Angelo shows how permanent discount-point buydowns and seller-funded 2-1 and 3-2-1 buydowns can shave hundreds off your payment—or front-load five-figure savings—on a $600 K purchase with 20 % down.
Inside the episode
- Permanent points decoded: 1 point drops the rate to 6.50 %, but you’ll need more than five years to break even.
- 2-1 buydown playbook: Pay like it’s 4.75 % in year 1 and 5.75 % in year 2—pocketing about $11,058 that the seller funds at closing.
- 3-2-1 turbo-boost: Start at 3.75 % and stack $21,742 in savings over the first three years.
- Concession math: With 20 % down you can tap up to $36 K (6 % of price) in seller credits—plenty to cover even an aggressive 3-2-1.
- Refi advantage: unused buydown funds slash your payoff if you refinance early.
- Watch for payment shock and tax reassessments once the subsidy wears off.
Whether you crave lower upfront payments or a long-term rate cut, Peter lays out the numbers, the risks, and negotiation tips you can take straight to the offer table.
🎧 Hit play for the full mortgage-hack roadmap, then share with anyone hunting for affordability!
#Buydown #2-1Buydown #3-2-1Buydown #SellerConcessions #DiscountPoints #MortgageTips #HomeBuying #RealEstateFinance #InterestRates #PeterDAngelo
Watch this episode on Youtube!
Interested in getting Pre-Approved? Submit your Pre-Approval inquiry here!
Interested in your Refinance options? Submit your Refinance inquiry here!
Follow me on:
- YouTube
Peter D'Angelo | NMLS: 885309 | Branch Manager | Guaranteed Rate, Inc., NMLS 2611
[email protected]
*All information, topics, discussion is my own personal opinion and insight, not reflective of Guaranteed Rate, Inc. May contain market information for informational purposes only, not to be used as financial advice.
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By Pete D'Angelo💡 Did You Know? You don’t always have to swallow today’s 6.75 % fixed rate. In this deep-dive of The Pulse and Perspective, host Peter D’Angelo shows how permanent discount-point buydowns and seller-funded 2-1 and 3-2-1 buydowns can shave hundreds off your payment—or front-load five-figure savings—on a $600 K purchase with 20 % down.
Inside the episode
- Permanent points decoded: 1 point drops the rate to 6.50 %, but you’ll need more than five years to break even.
- 2-1 buydown playbook: Pay like it’s 4.75 % in year 1 and 5.75 % in year 2—pocketing about $11,058 that the seller funds at closing.
- 3-2-1 turbo-boost: Start at 3.75 % and stack $21,742 in savings over the first three years.
- Concession math: With 20 % down you can tap up to $36 K (6 % of price) in seller credits—plenty to cover even an aggressive 3-2-1.
- Refi advantage: unused buydown funds slash your payoff if you refinance early.
- Watch for payment shock and tax reassessments once the subsidy wears off.
Whether you crave lower upfront payments or a long-term rate cut, Peter lays out the numbers, the risks, and negotiation tips you can take straight to the offer table.
🎧 Hit play for the full mortgage-hack roadmap, then share with anyone hunting for affordability!
#Buydown #2-1Buydown #3-2-1Buydown #SellerConcessions #DiscountPoints #MortgageTips #HomeBuying #RealEstateFinance #InterestRates #PeterDAngelo
Watch this episode on Youtube!
Interested in getting Pre-Approved? Submit your Pre-Approval inquiry here!
Interested in your Refinance options? Submit your Refinance inquiry here!
Follow me on:
- YouTube
Peter D'Angelo | NMLS: 885309 | Branch Manager | Guaranteed Rate, Inc., NMLS 2611
[email protected]
*All information, topics, discussion is my own personal opinion and insight, not reflective of Guaranteed Rate, Inc. May contain market information for informational purposes only, not to be used as financial advice.