Buy now, save for later.
What is a 3-2-1 Buydown?
Don't let interest rates hold you back from achieving your homeownership goals. Ask us about Affordable Monthly Payments
Now offering a 3-2-1 Buydown on all quick move-in homes and when you build a new home with Tresidio Homes
HOW IT WORKSThe 3-2-1 buydown is a prepayment of interest on a mortgage for the first three years. The buydown rate is typically:- 3 percentage points lower during the first year
- 2 percentage points lower during the second year
- 1 percentage point lower in the third year
Therefore, your payment will rise as the buydown funds are depleted.
EXAMPLE 1 | EXAMPLE 2 |
Purchase Price $600,000 | Purchase Price $800,000 |
20% Down | 20% Down |
Year 1 | 4.5% | $2,432 / month | Year 1 | 4.5% | $3,243 / month |
Year 2 | 5.5% | $2,725 / month | Year 2 | 5.5% | $3,634 / month |
Year 3 | 6.5% | $3,034 / month | Year 3 | 6.5% | $4,045 / month |
Year 4 - 30 | 7.5% | $3,356 / month | Year 4 - 30 | 7.5% | $4,475 / month |
