10/23/2026
๐ก๐ BUYERS! WHAT IF YOU COULD SAVE THOUSANDS ON YOUR MORTGAGE PAYMENTS? ๐๐ก
๐ฅ DON'T JUST ASK FOR A PRICE REDUCTION โ ASK ABOUT A 2/1 INTEREST RATE BUYDOWN! ๐ฅ
Did you know that asking the seller to help buy down your interest rate could put MORE MONEY BACK IN YOUR POCKET during the first two years than simply negotiating a lower purchase price?
๐ HERE'S HOW A 2/1 BUYDOWN WORKS:
๐ก YEAR 1: Your interest rate is 2% LOWER!
๐ก YEAR 2: Your interest rate is 1% LOWER!
๐ก YEAR 3 & BEYOND: Your interest rate returns to the original fixed rate.
๐ฐ LET'S LOOK AT AN EXAMPLE!
Imagine purchasing a $340,000 home with a 6.5% interest rate.
Instead of asking the seller to lower the price, you negotiate for the seller to contribute toward a 2/1 buydown!
โจ Year 1: 4.5% interest rate
โจ Year 2: 5.5% interest rate
โจ Year 3+: 6.5% interest rate
THINK ABOUT WHAT YOU COULD DO WITH THOSE EXTRA SAVINGS!
โ๏ธ Build your savings account
โ๏ธ Purchase furniture for your new home
โ๏ธ Make home improvements
โ๏ธ Pay down other debt
โ๏ธ Enjoy some financial breathing room during your first two years of homeownership!
๐ฅ HERE'S WHAT MANY BUYERS DON'T REALIZE!
A seller-funded 2/1 buydown may provide significantly more monthly payment relief during the first two years than a comparable reduction in the purchase price.
WHY NEGOTIATE ONLY ON PRICE WHEN YOU COULD NEGOTIATE FOR A LOWER PAYMENT?
Every buyer's financial situation is different, and that's where having an experienced REALTORยฎ and knowledgeable lender on your side makes a difference!
๐ LET'S TALK STRATEGY BEFORE YOU MAKE YOUR NEXT OFFER!
Whether you're a first-time homebuyer or looking for your next dream home, I'm here to help you explore creative ways to make homeownership more affordable!
๐ Jodie Hawley | 515-943-4212
๐ก Broker Associate | REALTORยฎ
๐ Hawley and Associates | Iowa Realty
๐ง [email protected]
YOUR GOALS. MY PRIORITY. REAL ESTATE โข RELATIONSHIPS โข RESULTS.
Example rates are illustrative. Savings depend on the loan amount, down payment, loan terms, and lender approval. A 2/1 buydown is temporary; buyers must qualify at the full note rate. Seller concessions and buydown costs are subject to loan program guidelines.