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Comparing Temporary and Permanent Mortgage Buydowns

November 16, 2023 by Robby Oakes

t’s important to note that while a temporary buydown can lower monthly payments during the buydown period, it does not reduce the total amount of interest paid over the life of the loan. In fact, the total interest paid over the life of the loan may be higher due to the upfront fee paid to fund the buydown.

Filed Under: Mortgage Tips Tagged With: Mortgage, Mortgage Buydowns, Mortgage Options

Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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