Rates Are Up. Your Monthly Payment May Not Have to Be.

Your budget lives month to month. What matters most is the payment you're comfortable with, not the headline rate. When you start there, you can ask a better question: how can we bring that payment down?

In a buydown, the seller pays an amount at closing to lower your interest rate for a period of time. With a temporary buydown, your rate starts lower in the first years, then returns to your regular rate. Your lender gives you the exact numbers for your situation.

If the seller lowered the price by the same amount instead, your monthly savings would be much smaller. A buydown puts more relief in the first years, often when you need it most: while you settle in, furnish your home or adjust your budget.

To be fair, a price cut lowers your payment for the life of the loan, while a buydown is front-loaded. Which is better depends on your plans, so we compare both with your lender before you write an offer.

• Builder incentives: new construction builders often offer rate buydowns or credits toward closing costs.

• Seller-paid closing costs: keeps more of your savings in your pocket at closing.

• Permanent buydown: paying points to lower your rate for the full term.

• Refinancing later: if rates fall, you may be able to refinance. It's possible, but never guaranteed, so buy a payment you're comfortable with today.

Whether you're buying your first home or moving up to your next one, at any price point, you deserve to understand your options before you decide. I'll help you compare real numbers side by side with your lender, and negotiate for the incentives that make the most sense for you.

I serve buyers across all of Dallas–Fort Worth.

Call or text 469-441-8890, or email veronica@veronicayeary.com.

This is not a loan offer or commitment. Your rate and payment come from your lender and depend on your credit, debt and what you qualify for. Incentives vary by seller or builder. Equal Housing Opportunity.