Legacy House Realty

See what a seller credit does to your payment

Avg 30-yr fixed used below

…

The deal

Purchase price

Down payment

Seller concession

Enter the seller's credit to see what it buys. Leave at 0 to set the rate reduction yourself.

Interest rate (no concessions)

Loan term

Loan type

Buyer's plans and closing costs

Years they expect to keep this loan

yrs

Would they refinance if rates drop?

Buyer's estimated closing costs

Seller credit pays closing costs first, the rest goes to the buydown

Qualifying (income and debts)

Gross monthly income

$/mo

Monthly debt payments

$/mo

Car, student loans, minimum card payments. Not rent.

Taxes, insurance and HOA

Property tax rate (annual)

Homeowners insurance

$/mo

HOA

$/mo

Mortgage insurance (PMI/MIP)

$/mo

Seller's net

Seller's loan payoff

Total commission

Seller's other closing costs

Escrow, title, transfer tax and similar.

Loan amount $0 LTV 0% Taxes, ins. & HOA $0/mo

Best fit for this buyer

No concessions

Permanent buydown

Rate reduction

Points per 0.25% drop

pts

Buyer saves

Seller pays

Break-even

Saved in 1 yr

Saved in 3 yrs

Saved in 5 yrs

2-1 buydown

Buydown structure

Buyer saves (total)

Seller pays

Saved in 1 yr

Saved in 3 yrs

Saved in 5 yrs

Savings over time

Total the buyer saves compared with no concessions.

Hit a target payment

Payment the buyer wants (with taxes, insurance & HOA)

$/mo

Qualifying

What the seller's money buys

Option	Seller cost	% of price	Buyer P&I	Within limit

Seller's net: credit vs. price cut vs. price increase

Option	Sale price	Seller nets	vs. no concessions	Buyer P&I

Want real numbers for your home?

Get my custom quote

Estimates for discussion and education only, not a loan offer, commitment or rate lock. Rates, points and buydown pricing change daily and depend on credit, loan program, property and other factors; confirm pricing with a lender. Payments show principal and interest; totals add the taxes, insurance, HOA and mortgage insurance entered. A temporary (2-1) buydown is typically qualified at the full note rate. Seller concession limits and debt-to-income guidance are common program guidelines for a primary residence and vary by loan and underwriting. Seller net figures are estimates before prorations, liens and other items.