HOOK
Thinking about paying extra upfront to lower your mortgage rate? A buydown can shrink your monthly payment—but it can also cost more than you save if you’re not careful.
[B-roll: homebuyer reviewing loan estimate, calculator, and lender paperwork]
KEY POINT 1
A mortgage buydown means you pay points or an upfront fee to reduce your interest rate. That can happen for the whole loan term, or just for the first few years.
[B-roll: simple graphic showing rate dropping and payment shrinking]
KEY POINT 2
The big question is break-even. Divide the upfront cost by the monthly savings. If you plan to stay in the home longer than that break-even point, the buydown may make sense.
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KEY POINT 3
But if you might refinance, move, or sell soon, you may never recover what you paid. In that case, keeping the cash for closing costs, repairs, or an emergency fund may be smarter.
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KEY POINT 4
Always ask for the loan estimate in writing and compare the payment, total interest, and upfront cost. A lower monthly payment is not always a better deal.
[B-roll: lender estimate highlighted with key numbers circled]
CTA
Before you buy points or accept a buydown, run the break-even math and compare it with your timeline. If you want, I can help you make a simple mortgage comparison checklist.
[B-roll: viewer tapping “save” on a checklist graphic]
