Permanent Rate Buydown Calculator
Permanent Rate Buydown: a planned Super Calculator tool. Covers loan amount (currency), base rate (%) and bought-down rate (%). Stub page. Not published yet.
Permanent Rate Buydown Calculator is a planned calculator in the real estate section of Super Calculator, covering mortgage core.
What this calculator will compute
Inputs: loan amount (currency), base rate (%), bought-down rate (%), cost (currency), holding period (years) and marginal tax rate (%).
Outputs: break-even (months), lifetime interest saved (currency), net present value (currency) and after-tax break-even (months).
Formula, recorded as scope and not yet verified against a primary source: Compares the net present value of paying discount points for a permanently lower note rate against the base rate, over the expected holding period, including the tax treatment of points where they are deductible in the year paid on a purchase.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.