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How 85k Buys 9865 Fieldthorn St & Preserves Equity With a full shift in power from a seller's market to a buyer's market, both sellers and buyers need to reevaluate the best approach to a transaction. The examples below illustrate how a simple seller credit towards the buyer's Interest Rate can produce significant monthly savings for the buyer. Traditional

25k Price Reduction

12k Rate Reduction

Sales Price




Down Payment %




Loan Amount





30Y Fixed

30Y Fixed

30Y Fixed

5.000% / 5.167%

5.000% / 5.176%

4.500% / 4.663%














Rate / APR

Income to Qualify Monthly Savings

In this example we used 2.250 in points or $12,372 to buy down the interest rate from 5.000% to 4.500% resulting in a net savings of $120.30 per month. Also, the points are a t ax deduction in the year the property is purchased for the buyer. Please consult your CPA for specific information. This example is to show you the power of reducing Rate versus Price. Let’s meet and discuss how this strategy can help you finance or sell the home of your dreams!


Mark Kvare Mortgage Planner 866-509-0587 Anchor Funding 3750 Convoy St Suite 320 San Diego · CA · 92111

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1-4-09 SBD 10  

How to most effectively purchase in today's full income qualifying market.