A lower purchase price and a lower mortgage rate do not create the same outcome for a buyer.
A price reduction changes the amount you borrow
Reducing the purchase price lowers the loan amount and can improve long-term equity. The monthly-payment impact may be smaller than buyers expect, depending on financing.
A rate buydown targets the payment
Seller or builder concessions may sometimes be used toward eligible financing costs. The value depends on the loan, rate environment, lender rules and how long you expect to keep the mortgage.
Compare the full financial picture
Ask your lender to model both scenarios using the same down payment and closing assumptions. Compare monthly payment, cash to close and long-term cost before choosing a negotiation strategy.
Want to build a smarter offer strategy? Start with the Buyer Guides or tell me what you are buying.
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