3-2-1 Buydown Calculator
See how our temporary buydown loan options can lower your monthly mortgage payment over the first few years of the loan. Select a three year, two year, or one year buydown option, calculate your total buydown fee, and see how the monthly payment amount changes each year over the buydown period.



Loan Amount
$


Term (Years)


Interest Rate (%)


Property Tax (Yearly)
$


Homeowners Insurance (Yearly)
$


Third-party Contribution toward Buydown Fee


See your lower monthly payment for the first years of the loan. Select Year :
CMG Image
* Temporary Buydown Options:

  • The 3-2-1 option is based off of a monthly payment for an interest rate 3 points lower than the note rate in year one, 2 points lower than the note rate in year 2, and 1 point lower than the note rate in year 3.
  • The 2-1 option lowers the monthly payment based off of a monthly payment for an interest rate 2 points lower than the note rate in year 1, and 1 point lower than the note rate in year 2.
  • The 1 year option lowers the monthly payment based off a monthly payment for an interest rate 1 point lower than the note rate.

Disclaimer: Calculations on the breakdown, timeline, and amortization schedule are based on a hypothetical payment scenarios. Some numbers may be rounded. Depending on the loan program, if your down payment is less than 20% you may have mortgage insurance. You may qualify for a full range loan programs with down payment options as low as 0% for qualified veterans or qualifying properties. Contact your loan representative to confirm which program is best for you. These calculators are only meant to estimate results based on the information you enter. They do not take into account all factors that you should consider when choosing a mortgage, nor can we guarantee that the terms you enter reflect terms actually offered.
LOCATE A LOAN OFFICER

CMG Financial has developed a team of highly qualified, professional, knowledgeable, and supportive Loan Officers completely dedicated to providing extraordinary service.

Learn More

HOME PURCHASE

CMG Financial is dedicated to providing unparalleled superior service to consumers while offering an extensive array of exceptional loan products to meet each unique financial situation.

Learn More

CMG Image
© CMG Financial, All Rights Reserved. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS ID #1820 in most, but not all states. CMG Mortgage, Inc. is an equal opportunity lender with corporate office located at 3160 Crow Canyon Road, Suite 400, San Ramon, CA 94583 888-264-4663. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act No. 4150025; AK #AK1820; AZ #0903132; Colorado regulated by the Division of Real Estate; Georgia Residential Mortgage Licensee #15438; Illinois Residential Mortgage Licensee; Kansas Licensed Mortgage Company #MC.0001160; Massachusetts Mortgage Lender License #MC1820 and Mortgage Broker License #MC1820; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services; Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850204.000; Licensed by the Oregon Division of Financial Regulation #ML-3000; Rhode Island Licensed Lender #20142986LL; and Licensed by the Virginia State Corporation Commission #MC-5521. CMG Mortgage, Inc. is licensed in all 50 states and the District of Columbia. Offer of credit is subject to credit approval. For information about our company, please visit us at www.cmgfi.com. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and NMLS Consumer Access (www.nmlsconsumeraccess.org).