Mortgage Buydown Calculator
Over 30 years you will pay $1,254,557. Your total principal payment is $500,000 and your total interest payment is $745,994. Your total buydown fee for this loan is $7,525 ($0 is paid by a third-party and $7,525 is paid by you).
Payment Breakdown
The following payments do not include property tax, insurance, or HOA fees. Results are hypothetical and may not be accurate. This is not a commitment to lend nor a preapproval.
Year 1
Payments 1-12
$3,160/mo
Phase: 1% lower
Rate: 6.5%
Reduction: $336
Year 2-30
Payments 13-360
$3,496/mo
Phase: 0% lower
Rate: 7.5%
Reduction: $0
Amortization Chart
The following payments do not include property tax, insurance, or HOA fees. Results are hypothetical and may not be accurate. This is not a commitment to lend nor a preapproval.
Amortization Schedule
The following payments do not include property tax, insurance, or HOA fees. Results are hypothetical and may not be accurate. This is not a commitment to lend nor a preapproval.
Date
Payment
Amount
Principal
Interest
Total Interest
Total Principal
Buydown
Balance
May 2025
1
$3,160
$452
$2,708
$2,708
$452
$336
$499,548
Jun 2025
2
$3,160
$454
$2,706
$5,414
$906
$336
$499,094
Jul 2025
3
$3,160
$457
$2,703
$8,118
$1,363
$336
$498,637
Aug 2025
4
$3,160
$459
$2,701
$10,819
$1,823
$336
$498,177
Sep 2025
5
$3,160
$462
$2,698
$13,517
$2,285
$336
$497,715
Oct 2025
6
$3,160
$464
$2,696
$16,213
$2,749
$336
$497,251
Nov 2025
7
$3,160
$467
$2,693
$18,906
$3,216
$336
$496,784
Dec 2025
8
$3,160
$469
$2,691
$21,597
$3,685
$336
$496,315
Jan 2026
9
$3,160
$472
$2,688
$24,286
$4,157
$336
$495,843
Feb 2026
10
$3,160
$475
$2,686
$26,972
$4,632
$336
$495,368
Mar 2026
11
$3,160
$477
$2,683
$29,655
$5,109
$336
$494,891
Apr 2026
12
$3,160
$480
$2,681
$32,335
$5,589
$336
$494,411
May 2026
13
$3,496
$406
$3,090
$35,426
$5,995
$0
$494,005
Jun 2026
14
$3,496
$409
$3,088
$38,513
$6,403
$0
$493,597
Jul 2026
15
$3,496
$411
$3,085
$41,598
$6,814
$0
$493,186
Aug 2026
16
$3,496
$414
$3,082
$44,680
$7,228
$0
$492,772
Sep 2026
17
$3,496
$416
$3,080
$47,760
$7,644
$0
$492,356
Oct 2026
18
$3,496
$419
$3,077
$50,837
$8,063
$0
$491,937
Nov 2026
19
$3,496
$421
$3,075
$53,912
$8,484
$0
$491,516
Dec 2026
20
$3,496
$424
$3,072
$56,984
$8,909
$0
$491,091
