A clearer next step
Ready to explore a funding path?
Start an EarlOne account to organize your next step, or speak with the IRRRL1 mortgage team about a home-finance path.
A clearer next step
Start an EarlOne account to organize your next step, or speak with the IRRRL1 mortgage team about a home-finance path.
Don't lose your buydown funds. See how refinancing now can inject your unused subsidy directly into your equity—skipping months of payments instantly.
Adjust to see potential scenarios
These settings feed the shared refinance decision engine for your hold-period and break-even view.
Waiting spends down buydown funds month by month, which can reduce your refund/equity injection.
Payment cliff
Time to reset
18 mo
Estimated payment during buydown
$2,381
Estimated payment after reset
$2,956
at 6.875%
Temporary buydown discounts are scheduled to phase out. As months pass, unused buydown value is spent down.
Your time machine summary
Time fast-forwarded
17 months
Unused subsidy captured
$6,980
New payment (P&I)
$2,640
vs $2,956 at 6.875%
Instant Equity Injection
Funds applied to principal reduction
Time Skipped
Of principal payments fast-forwarded
Path A
Stay in the buydown
Path B
Refinance now
Escrow treatment can vary by servicer and loan type; this is an estimate.
Net in 5 Years
$28,722
Break-even
Immediate
Monthly payment delta
$317
At 5 years, the refinance is ahead by $28,722.
Principal credit captured before closing costs: $6,980.
Cash to close modeled: $0.
New Estimated Monthly P&I