Loan Inputs
$
%
%
If unsure, defaults to 1.8%
%
Enter your down payment %
$
If unsure, defaults to 0.6% annually
Loan Type
Payment Comparison
* Closing costs are estimates. Additional fees may apply: Survey, Owner's Title Policy, HOA Transfer, Notary, Bond/Grant fees, Final or Pest Inspection. Title Owner's Policy: (SP − $100,000 × 0.5544%) + $875.
A 2/1 buydown temporarily reduces the borrower's interest rate: 2% below the note rate in Year 1 and 1% below in Year 2, before settling at the full rate in Year 3+. The cost is typically covered by a seller concession. Calculations shown below are based on the first scenario's loan amount.
| Period | Rate | Monthly P&I | Monthly Savings | # Payments | Period Total |
|---|
Enter your loan details above
Select a loan type, fill in the inputs, then click Generate Chart