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Run Your OWN Numbers Below
Need to attract more Buyers to your Listing? Most will tell you to do a price reduction, which is NOT always the right answer.
Did you know a seller concession actually makes a bigger difference to the Buyer?
Example: Loan Amount $485,000
Option A – Lowering Listing Price $15,000 only saves the Buyer around $90/mo *
Option B – Providing a $12k Seller Concession lowers the Buyers payment close to $600/mo the first year and over $300/mo the second year!*
Saving the Buyer over $10,000 the first two years and providing sellers the traffic they need! $10,000!
* this is not a rate quote nor an offer to lend money. Call for specific details to your situation. For example use only
As a Mortgage Broker, Mile High Mortage Broker's Interest Rates are .5% or more LOWER than Retail Mortgage Bankers. Dare to compare. Close in 14 days.
Click Below to Compare Your Buyer’s Current Loan Estimate with Ours.
| Edge Home Finance Calculator | |
|---|---|
| Loan amount |
$
|
| Interest Rate (Annual) |
%
|
| Loan period in years | |
| Number of payments per year | |
| Monthly P + I | |
| Total Payments |
| 2-1 BUY DOWN | |||||
|---|---|---|---|---|---|
| Interest Rate | Note Rate Payment (P + I) | Payment (P + I) After Buydown | Monthly Subsidy | # of Payments | Annual Subsidy Pymnts |
| 2/1 Buydown Cost | |||||
| 1-0 BUY DOWN | |||||
|---|---|---|---|---|---|
| Interest Rate | Note Rate Payment (P + I) | Payment (P + I) After Buydown | Monthly Subsidy | # of Payments | Annual Subsidy Pymnts |
| 1/0 Buydown Cost | |||||
Help Consumers understand how interest rates work and why the “best” online rates are not typically the best rates.
