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Three doors a seller concession can walk through

The deal

$400,000

30-year fixed. The rate before any buydown. Any decimal — 6.625, 6.62, whatever you were quoted.

What the seller is giving up.

More options
Down payment basis after a price cut

If the price is cut, do you bring…

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When a seller agrees to give up money, it can go three different places — and they are not worth the same to you. Move the numbers and watch which door actually helps.

Loan amount $1,600,000 · payment before any concession $11,050.80/mo. Every figure here is principal and interest only, and is an illustration generated from the numbers above — not a quote, an approval, or an offer of credit.

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