Buy Down Points Mortgage -

: If you have surplus funds after your down payment and closing costs, "buying" a lower monthly payment can improve your long-term cash flow. When It Is Not Worth It

: Paying off the mortgage early (e.g., through aggressive extra payments) reduces the total interest you would have saved, making the initial points less valuable. buy down points mortgage

To determine if a buy-down is right for you, follow these steps: : Calculate 1% of your loan amount per point. : If you have surplus funds after your