Bob Ramalho

Berkshire Hathaway - Verani Realty

  • Home
  • About
  • Info
    • First Time Seller Tips
    • First Time Buyer Tips
  • Reviews
  • Blog
  • Search for Properties
  • Contact

Bob Ramalho November 28, 2023

Comparing Temporary and Permanent Mortgage Buydowns

When it comes to mortgages, a "buydown" generally refers to paying an extra fee upfront to reduce the interest rate over a specific period. There are typically two types: temporary buydowns and permanent buydowns. Permanent Buydown: With a permanent buydown, the borrower pays extra fees at the beginning of the loan to permanently reduce the interest rate over the entire life of the loan. This differs from a temporary buydown because the reduced rate remains constant for the entire loan term, … [Read more...]

Filed Under: Homeowner Tips, Mortgage Tips Tagged With: Mortgage, Mortgage Buydowns, Mortgage Options

Berkshire Hathaway Logo

Connect with Me!

How can I help?


0 / 180

Looking For Something?

Recent Articles

  • Eco-Friendly Features That Actually Add Value
  • Understanding the Process of Selling a Home As-Is
  • The Importance of a Home Inspection Before Purchasing
  • What’s Ahead For Mortgage Rates This Week – August 4th, 2025
  • The Top Home Buying Regrets and How to Avoid Them
  • How to Buy a Home Before Selling Your Current One
©2024 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.

 

Equal Housing Opportunity

Our Location

Berkshire Hathaway HomeServices Verani Realty
One Verani Way
Londonderry, NH 03053

Return to top of page

Copyright © 2025 Bob Ramalho. All rights reserved.   Log In