Steven Vallo
Vallo Mortgage TeamSteven Vallo, Loan Officer · NMLS #1548291
NEXA Mortgage, LLC · NMLS #1660690
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What's a seller credit really worth?

Enter the deal and see the same credit three ways: a lower price, lower payments for the first year or two, or a lower rate for good.

Your deal

Change any number and the results update right away.

Loan type
More options
Loan length
Temporary buydown type
2-1 = 2% lower in year 1, 1% lower in year 2.
Varies by investor. Edit to match the jumbo program you're pricing.
Off by default, so payments are P&I on the base loan. The fee % fills in from the VA table; edit if needed.

Seller concession limit

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Why this limit?
Loan amount–
Payment with no credit (P&I)–
Credit as % of price–
Max credit allowed–
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★ Best 5-year savings Option A

Lower the price

Take the credit off the price. Smaller loan, less money down.

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See the numbers
New payment (P&I)
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New price
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New loan
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Down payment saved
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5-yr P&I savings
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Credit left for closing
$0
★ Best 5-year savings Option B

Temporary buydown

Lower payments for the first year or two. The rate on the loan doesn't change.

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See the numbers
Year-1 payment (P&I)
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Buydown cost
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5-yr P&I savings
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Credit left for closing
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YearRateP&ISaves/mo
★ Best 5-year savings Option C

Permanent buydown

Use the credit to buy points. A lower rate for the life of the loan.

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See the numbers
New payment (P&I)
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New rate
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Points bought
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Cost of points
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5-yr P&I savings
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Credit left for closing
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Side by side

OptionYear-1 P&IP&I after buydown5-yr P&I savingsCredit left for closing
How the math works
  • P&I only. Taxes, insurance, HOA and monthly mortgage insurance aren't included. FHA payments include the 1.75% upfront MIP financed into the loan. VA funding fee is left out unless you turn it on.
  • Temporary buydown cost = the monthly P&I difference × 12, added up for each buydown year. The buyer qualifies at the full note rate.
  • Permanent buydown: points cost = loan amount × points %. The rate cut is rounded down to the nearest 0.125% so the points fit inside the credit (max 4 points).
  • 5-yr savings = 60 months of P&I savings vs. no credit (for the temporary buydown, the subsidy paid in years 1–3).
  • Real point pricing changes daily by lender, loan and credit profile. This page uses a simple rule of thumb.
Steven Vallo
Steven ValloLoan Officer · NMLS #1548291
NEXA Mortgage, LLC · NMLS #1660690

Want me to run this one for real?

Send me the scenario and I'll price it with live rates and your buyer's actual numbers, so you can write the credit into the offer with confidence.

Apply now Text me Call me Email the scenario

Call/text: · Email: svallo@nexalending.com