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Mortgage Loan


Torture

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Sample 30-year fixed-rate loan with 2-1 buydown

$270,000 loan with a 2-1 buydown schedule
  Year 1 Year 2 Years 3-30
Interest rate 2.990% 3.990% 4.990%
APR 5.684% 5.684% 5.684%
Monthlypayment $1,136.88 $1,287.47 $1,447.77
Monthly savings $310.89 $160.30
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