When analyzing whether to do a permanent interest rate buydown, there are three components to the decision: 1) how long do you believe that you'll remain in this loan before selling or refinancing? 2) do you believe you're going to have lower rates available in the future or a need to pull cash out of the home in the future? 3) is the monthly payment or cash flow the most important thing to you or is the cash that you'll keep on hand (if you're doing a cash-out refinance or purchasing) most important?

The other factor to consider in this decision is what makes you most comfortable? Is the peace of mind knowing you locked in the lowest possible rate and payment you could right now stronger than the knowledge that you made the most financially "correct" decision today? We're here to give you the numbers, but you have to rest easy at night with your decision, so consider all the numbers, ask for our advice, but make the decision that makes you most comfortable. We're here to support you long-term, so we'll be here to help you navigate these decisions today and in the future.