Hartford Funding
2-1 Buydown Calculator
See how a 2-1 buydown lowers your monthly mortgage payment for the first two years, and what it costs to set up.
Mortgage Details
Monthly Payment Estimates
| Year | Payment at Note Rate | Your Payment | Monthly Savings | Payments | Annual Savings |
|---|---|---|---|---|---|
| Total Savings | $0 | ||||
Your rate is 2% below the note rate, for your lowest payment.
Your rate is 1% below the note rate.
Your payment settles at the full note rate for the rest of the loan.
The buydown cost equals the total savings. It is paid up front, often by the seller or builder, and held in an account that covers the difference each month.
This calculator is for illustration only. Estimates cover principal and interest and do not include taxes, insurance, HOA dues or mortgage insurance. It is not a loan offer or a commitment to lend. Rates, terms and buydown availability depend on the loan program, the property and your qualifications. All loans are subject to credit approval.
Next Step
Find out if you qualify for a 2-1 buydown
Tell us a little about your plans and a Hartford Funding loan officer will walk you through your options, your numbers and whether a buydown makes sense for your purchase.
- Lower payments in your first two years
- The cost is often covered by the seller or builder
- A clear plan before you make an offer
Ready to start your application now?
Apply OnlineCheck Your Buydown Options
It takes about a minute. No obligation.
