Don't lose your buydown funds. See how refinancing now can inject your unused subsidy directly into your equity—skipping months of payments instantly.
Adjust to see potential scenarios
Waiting spends down buydown funds month by month, which can reduce your refund/equity injection.
Payment cliff
Time to reset
18 mo
Estimated payment during buydown
$2,381
Estimated payment after reset
$2,956
at 6.875%
Temporary buydown discounts are scheduled to phase out. As months pass, unused buydown value is spent down.
Your time machine summary
Time fast-forwarded
17 months
Unused subsidy captured
$6,980
New payment (P&I)
$2,640
vs $2,956 at 6.875%
Instant Equity Injection
Funds applied to principal reduction
Time Skipped
Of principal payments fast-forwarded
Path A
Stay in the buydown
Path B
Refinance now
Escrow treatment can vary by servicer and loan type; this is an estimate.
New Estimated Monthly P&I