Your 2-1 buydown is ending and the payment is stepping up. Should you refinance? On a $400,000 loan at a 6.75% note rate, a refinance saves just $17 a month. See the math. Pillar Mortgage Group.
With rates back above 7%, a $10,000 seller funded rate buydown saves an Arizona buyer roughly $186 a month versus about $60 for a $10,000 price cut. Here is how to run the math before you write your offer. Pillar Mortgage Group.
A seller-paid rate buydown lowers a buyer's monthly payment for less than a price cut, often moving stalled Phoenix and Scottsdale listings faster. Here's how Arizona agents use them in 2026. Pillar Mortgage Group, NMLS #2700076
Straight answers on buying, refinancing, and selling a home in Scottsdale, Phoenix, and across Arizona, from Blake Hermann, Director of Lending at Pillar Mortgage Group (NMLS #2271358).