Year 1 Rate4.75%
Year 1 Payment$2,347
Year 1 Savings / Month$571
Year 1 Total Savings$6,855
Year 2 Rate5.75%
Year 2 Payment$2,626
Year 2 Savings / Month$293
Year 2 Total Savings$3,511
Year 3+ Payment (Note Rate)$2,919
Estimated Buydown Funds Required$10,367
Total Fees$4,500
Total Upfront Cost$14,867
Illustrative estimate based on principal and interest only. Final buydown terms, qualifying payment, and fees are set by lender guidelines and disclosures.