Buydown Calculator

Explore savings on mortgage payments with our Buydown Calculator. It shows cash needed for reduced payments in WA, CA, OR, ID, and CO. Easy to use, it offers clear insights for homebuyers. Simply input your numbers and choose options to understand potential savings and upfront costs.

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Payment breakdown
Amortization schedule
Payment breakdown

The total buydown fee for this loan is

See your lower monthly payment for the first years of the loan.

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/for year 1
Monthly Payment
Interest Rate
Monthly Savings
Principal and Interest
Buydown Contribution
Amortization schedule

Over years you'll pay and this is based on an estimated monthly payment of .

Your total principal payment is and your total interest payment is .

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Whether you’re buying a home or ready to refinance, our professionals can help.

Rate quote isn’t what you expected?

If your instant rate quote isn’t what you expected, we can provide counsel on how to potentially transform your quote into something more acceptable. Sammamish Mortgage is a family-owned mortgage company with over 30 years of experience in the industry. We proudly serve customers in the Pacific Northwest region. We serve WA, ID, OR, CO and CA. If you’re looking to buy a home in one of these states, we can help!

Our Reviews

Sungjun Kim
May 16, 2024
As a first-time homebuyer, navigating the mortgage process felt daunting. I initially considered going with a big bank, but Im so glad I chose Sammamish Mortgage instead. Ryan and Tonya were incredibly helpful and responsive, guiding me through every step with efficiency and care. They provided a quick pre-approval, and the entire loan process was handled smoothly. Ryan even helped me secure a better mortgage rate, saving me money in the long run. The closing process took just one month and went off without a hitch. Thanks to their exceptional service, buying my new home was a truly enjoyable experience. I highly recommend Sammamish Mortgage to anyone in need of a reliable mortgage lender.
Ariel A.
May 16, 2024
We loved working with Sammamish. Ryan was amazing at explaining what we needed and the process. Everyone was super responsive and helpful through the whole process. Buying a home can be stressful and Sammamish took away a lot of that stress! thank you!
Matthew D.
May 15, 2024
It was great. Good rates, fast turnaround, easy to use document portal.
John Parker
May 13, 2024
Sammamish Mortgage is extremely fast, experienced, and professional. They work around the clock to make sure you close when you need to. We closed over a week ahead of schedule on an already short timeline. I highly recommend doing business with them.
Jason Atwood
May 12, 2024
Sammamish set the high-water mark for mortgage experiences. Friends in the neighborhood recommended them. One of the best decisions of our entire home-buying process! Proactive and clear communication. Warm, kind, understanding, hard-working team of professionals. Fantastic technology that allows for easy to upload and review documents. The entire process felt like Sammamish was working with and for us and did so in a way that centered on relationships and care. They'll be our first call always.
Jason A.
May 8, 2024
Tremendous! The Sammamish team was exceptional, in terms of communications and management of expectations. The technology for uploading and reviewing and signing documents is the best I've experienced. The whole process was clear and easy. Thank you!
Edward Shim
May 2, 2024
We had a great experience with Sammamish! We shopped multiple lenders (NavyFed, Rocket, Envoy) and Sammamish had the most competitive rates. Ryan was very helpful and approachable for me as a first-time homebuyer and we will definitely use them in the future for our home lending needs.


How can Sammamish Mortgage offer such low rates and fees?

Since 1992 Sammamish Mortgage has offered excellent service at very competitive rates and fees. Over this time, our proven track record and quality loans have helped us build exceptional relationships with the lenders that provide you with home loans. These relationships have been built on trust, integrity, and most of all, exceptional business practices. Our long standing business partnerships allow us the ability to offer unrivaled pricing on home mortgages. This pricing, in addition to utilizing top of the line technology and low overhead, enables us to pass the savings on to you, our clients.

We do not have a large team of loan officers that require us to pay out large commissions. Instead we have a small team of highly experienced and trained professionals to handle your home loans.

When you show no points, does that also mean no origination fees and/or mortgage broker fees?

Yes. At Sammamish Mortgage you will find that anytime we offer or advertise no points, it assumes no origination fees. Many banks, credit unions and mortgage companies will advertise and offer no point loans on their website only to disclose later in the loan process or in fine print that there is a minimum 1% origination fee added to the loan. We feel that this is a deceptive practice and although it is legal, we feel strongly that it should not be allowed.

Do you guarantee your closing costs?

Yes. At the time of your pre-approval, we can guarantee all lender and 3rd party costs associated with your loan. Your costs may change if there is a valid change in circumstance such as a lower than expected appraised value, or if you decide to change your loan amount as your loan to value is a key factor in pricing your loan. Your loan specialist can go over all the different scenarios with you if you are unsure of your value on a refinance. We rarely have issues with the value on a purchase.

Who would benefit from choosing a loan with no points vs. paying points and/or origination fees?

Choosing a loan with 0 points/origination fees generally benefits the borrower for the first 4 to 7 years of the loan. This is because you exchange lower up front closing costs for a slightly higher interest rate and monthly payment. This is a great option for people that do not have excess liquid cash or emergency funds and people that are not sure how long they are planning on keeping the loan. Since most people either refinance or sell their home every 3 to 5 years, this plan can be of great value. When determining whether a no point, no origination fee and/or no mortgage broker fee loan would work for you, you have to carefully consider the following:

• How long you plan on staying in the property?

• Do you think that you might refinance in the near future?

• Do you have enough emergency funds saved to warrant paying higher up front costs?

If you are uncertain as to which is best for you, one of our loan specialists can assist you in making the decision that best suits your needs.

What are the main factors that can affect my interest rate?

There are several key points that can affect your rate. Below is a detailed breakdown of some attributing factors that may apply:

• Credit Score: Your credit score is one of the most important factors that will determine your rate.
• Loan to Value: Your down payment in a purchase transaction or your equity in a refinance transaction also plays a key role in determining your rate. The lower your loan to value (LTV), the better your rate may be.
• Rate/term refinance vs. Cash out refinance: A rate/term refinance has a loan amount that is just enough to repay the balance of your existing mortgage. You may include all third party fees, taxes, insurance and interest into the loan amount. A cash-out refinance, on the other hand, has a loan amount that exceeds your current mortgage balance.
• Purchase vs. Refinance: There are times when lenders offer purchase specials, which allow us to offer even lower rates than we already do.
• Property type: Often times there can be pricing adjustments for condos and multi-family properties.
• Escrow Reserve: Paying your property taxes and homeowners insurance on your own rather than having them included in your house payment may cost you an additional fee. Most lenders charge a onetime fee for the impound waiver.

• Loan amount: Your loan amount can affect your pricing. If you have a large loan amount (over $417,000) there will be pricing adjustments. If your loan amount is low, there can also be pricing adjustments generally starting at $165,000 and lower.

• Subordinate financing: Having a second mortgage or Home Equity Line of Credit tied to the property can impact the terms of the first mortgage even if no money is owed on the equity line. The line is still considered a lien against your property and impacts your Combined Loan to Value.

What can cause my loan to be considered a cash-out refinance?

The obvious trigger for a cash-out refinance is borrowing more than your existing loan balance; however, consolidating debt that was not obtained as part of the original purchase is also considered a cash-out refinance. This includes second mortgages or Home Equity Line of Credits opened after you purchased the property.

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