Buy now, save for later.
Don't let interest rates hold you back from achieving your homeownership goals.
Make your move Contact usFall into our lower rates
Our Rate Buydown Event makes the transition to your new home smoother and more affordable. This fall, you can receive up to $20,000** for lower monthly payments.
How it works
Example - use a portion of your $20,000 credit from Woodside to prepay interest on your mortgage for the first two years. Typically, a buydown rate is 2% lower during the first year and 1% lower in the second year of your loan-an excellent option for buyers who want to build up their savings. The remaining credit amount can be put toward closing costs or upgrades.
Example | Year 1 | Year 2 | Years 3-30 |
Interest rate |
5.75% (7.823% APR) |
6.75% (7.823% APR) |
7.75% (7.823% APR) |
Potential savings |
$7,173.36 ($597.78 monthly average) |
$3,662.04 ($305.17 monthly average) |
- |
Interest rate | Potential savings | |
Year 1 |
5.75% (7.823% APR) | $7,173.36 ($597.78 monthly average) |
Year 2 |
6.75% (7.823% APR) | $3,662.04 ($305.17 monthly average) |
Years 3-30 |
7.75% (7.823% APR) | - |