Seller Smart Start

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National Rate Averages

Historical Trend

Source: Optimal Blue Mortgage Market Indices (OBMMI). Indices reflect aggregate rate lock data. Learn more.

Here's your listing today

The price and a buyer's payment at today's rate.

List Price

Down Payment

Today's Rate

Buyer's Monthly Payment

Loan details

Loan amount

Principal and interest

Property taxes

Homeowners insurance

Mortgage insurance

Payment shown Principal, interest, taxes, and insurance

Two ways to spend the same money

Cut the price, or buy down the buyer's rate.

Listing After Price Cut

Listing Price With Buydown

Price Cut

Cost for Buydown

Put toward a buydown, it lowers the buyer's rate and monthly payment.

Current Rate

New Rate

Current Monthly Payment

New Monthly Payment

Savings details

Monthly savings with the buydown

Monthly savings with a price cut instead

The buydown saves the buyer more

A price cut lowers the payment a little. A buydown can lower it even more.

Monthly Savings With a Price Cut

Monthly Savings With a Buydown

Yearly Savings With a Price Cut

Yearly Savings With a Buydown

Savings details

Extra monthly savings with the buydown

Extra yearly savings with the buydown

Buyers approved for less can now afford your home

A buyer approved for at today's rate can afford the same monthly payment as your home with the buydown.

Approved at today's rate

Can buy with the buydown

Same Monthly Payment

Added Buying Power for These Buyers

Affordability details

Today's rate

Rate with the buydown

Payment shown Principal, interest, taxes, and insurance

The buydown can reach more buyers

The buyer's payment goes down

Monthly payment today

With the buydown

You keep your price

With the price cut

With the buydown

Affordable to buyers shopping at

Summary details

	Today	Price Cut	Buydown
Price
Interest rate
Monthly payment
Buyer saves

This walkthrough is for example purposes only and is not an offer to lend. Example payments shown here include principal, interest, property taxes at of the price a year, homeowners insurance at a month, and mortgage insurance under 20% down. The approval comparison is based on the same full monthly payment. Actual rates, payments, and costs vary by lender and buyer.