Mortgage Rate Buydown: The Hidden Cost Most Homebuyers Miss

Thinking about buying down your mortgage rate permanently? Before spending thousands of dollars upfront, make sure you understand the math. In this video, Max Kallos of Ardent Loans explains why a permanent rate buydown may not be the best financial move, especially if you plan to recast your mortgage after selling your current home. Using a $540,000 mortgage as an example, Max breaks down the upfront cost, monthly savings, break-even timeline, and why recasting can significantly reduce the benefit of paying for a lower rate. In this video, you'll learn: How much a permanent rate buydown can cost upfront How long it may take to recover that expense Why refinancing could mean losing the benefit of the upfront cost How recasting your mortgage changes the math The bottom line: Before paying thousands of dollars to lower your rate, look at the entire picture and make sure the numbers work for your situation. Have questions about mortgage recasting or your financing options? Reach out to Max and the Ardent Loans team. Max Kallos - President Ardent Loans LLC 8000 Avalon Boulevard, Suite 100 Alpharetta, GA 30009 (404) 277-5884 info@ardentloans.com www.ardentloans.com ​MLO NMLS #170267 | NMLS #156311 Max Kallos and team have closed over $1.2 billion in residential real estate mortgages and are consistently ranked top 1% in the state of Georgia for production and customer service. #MortgageTips #MortgageRates #MortgageRecast #HomeBuying #ArdentLoans