Rate Buydown
Pay points to drop the rate?
Breakeven math vs. your expected hold period. Devon runs this by hand on every quote; this is the self-serve version.
Points purchased
Industry rule of thumb: 1 point typically drops the rate ~0.25%.
Years you plan to hold
Comparison
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Rule-of-thumb math; lender pricing varies. Devon negotiates points file-by-file.
Run this with DevonBuying down? Talk to Devon.
On most files, the points are negotiable. Devon will tell you whether they pencil before you commit.
Apply with this scenario