Interest rate buydowns are everywhere right now, but most first-time buyers don't actually understand what they are or how they work. In this episode, I break down the two types of buydowns, what they really cost, and how they impact your monthly payment and long-term finances. I share real numbers, compare negotiating a lower purchase price versus negotiating a buydown, and how to decide which option makes the most sense for your goals. Tune in to learn how to use buydowns strategically instead of letting them quietly work against you.

In This Episode, You Will Learn

• The difference between temporary and permanent interest rate buydowns.

• How a 2-1 buydown works and why it's so popular right now.

• Examples showing how much a buydown can lower your monthly payment.

• Why lower payments today can turn into much higher payments later.

• The biggest mistake buyers make when assuming they'll just refinance.

• How permanent buydowns work and when they actually make sense.

• How to calculate your break-even point before paying for a lower rate.

• What questions to ask your lender so you can compare all options clearly.

Resources + Links

Learn more about Mortgage Amortization Calculator (NerdWallet) HERE

Check Today's Average Mortgage Rates HERE

Connect With a FAME Agent (Free) HERE

Get Your FREE Homebuying Masterclass HERE

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Instagram: @iamstacierihl

Website: stacierihl.com

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