Contact Your Low-To-No Money Down Mortgage Loan Specialist: (866) 747-2882

How do you want to get started?
Quick application

With Millennial Home Loans quick online loan application, determining if you qualify for a Welcome Home RateBreak 2-1 Buydown Program Loan and for how much, has never been easier.
Talk to a Welcome Home RateBreak 2-1 Buydown Program Mortgage Expert

Not ready to apply online? No problem. Answer a few questions, and a Welcome Home RateBreak 2-1 Buydown Program Home Loan Mortgage Expert will call you back.

Welcome Home RateBreak 2-1 Buydown Calculations

Start Rates As Low As 3.99% (6.455% APR)

With the Welcome Home RateBreak 2-1 Buydown borrowers using the HomeReady or Home Possible mortgage loan options can take advantage of a 100% lender funded buydown to reduce their interest rate 2% in year 1 and 1% in year 2, with year 1 interest rates starting as low as 3.99% (6.455% APR).

Transaction Information

Loan Amount:
Purchase Price
Down Payment
Loan Amount
Monthly Payment - First Year
Monthly Prinicipal and Interest (PI)
Monthly Mortgage Insurance (MI)
Property Taxes
Homeowner Insurance
HOA/Condo Fee
Total Monthly Payment
Savings
Monthly Payment - Second Year
Monthly Prinicipal and Interest (PI)
Monthly Mortgage Insurance (MI)
Property Taxes
Homeowner Insurance
HOA/Condo Fee
Total Monthly Payment
Savings
Monthly Payment - Remaining 28 Years
Monthly Prinicipal and Interest (PI)
Monthly Mortgage Insurance (MI)
Property Taxes
Homeowner Insurance
HOA/Condo Fee
Total Monthly Payment

    Send Me A Copy Of My Conventional Loans Calculations


    Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

    Scroll to top