Interest Rate Buy Downs - How It Works And Why You Should Get It (First Time Home Buyers)

I discontinued the worksheet in this video, the resources I have below DO NOT HAVE this calculator. Unfortunately, unless I become a lender there is just too many variables. Apologies. 📞 WORK WITH ME IN PHOENIX, AZ ► Call or text: 623-707-9836 ► Email: [email protected] ► Schedule an appointment: https://calendly.com/meetjavy/homebuyer 🌎 BUYING OUTSIDE OF PHOENIX? Get connected with a vetted agent anywhere in the US. ► https://homeandmoney.com/javier/ 🧰 FREE HOME BUYING RESOURCES ► Guides & tools I built: https://javiervidana.gumroad.com/l/silsl 👥 JOIN THE COMMUNITY ► Instagram:   / arizonajavy   ► Discord:   / discord   ► Twitch:   / javiervidana   00:00 Introduction 01:39 What Is an Interest Rate Buy Down? 02:23 What Is a Discount Point and What Does It Cost? 03:35 Real Client Example: Running the Numbers 05:15 One Discount Point: The Savings and Break Even 06:52 Two Discount Points: Why More Can Make More Sense 09:08 Three Points vs. Two: Where It Stops Making Sense 10:23 Closing Thoughts