Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson November 16, 2023

Comparing Temporary and Permanent Mortgage Buydowns

t’s important to note that while a temporary buydown can lower monthly payments during the buydown period, it does not reduce the total amount of interest paid over the life of the loan. In fact, the total interest paid over the life of the loan may be higher due to the upfront fee paid to fund the buydown.

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

Cory Thompson

Cory Thompson


Mortgage Loan Originator
Mobile 832.347.1855
Office 281.218.0505

NMLS ID 225056

Legend Lending

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