06/11/2025
There’s more than one way to lower your mortgage rate — and two of the most common are buydowns and discount points. Both can help you save, but they do it in different ways that suit different goals.
A seller or builder paid temporary buydown gives you a lower effective interest rate for the first year or two of your loan. That means lower monthly payments upfront — perfect if you want some breathing room as you settle into your new home. After the initial set period of time, the rate returns to the original rate for the life of the loan.
Discount points are all about the long game. You pay a bit more upfront to permanently lower your interest rate, which can add up to serious savings over time — especially if you plan to stay put.
It all comes down to what fits your financial goals. DM me so we can find the option that works best for you and your future plans.
