Seller Concession Calculator
Seller Concession Calculator
We see you have entered a Temporary Buydown amount.
Seller Concessions Needed: $0
i
Sum of all calculated costs above.
Percentage of Seller Concessions:
0%
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Percentage of seller concessions are limited based on the loan type.
Temporary buy down funds are not calculated into total seller concessions.
How Your Concessions Were Calculated
Colorado Closing Costs: $4,200
i
This is the auto-calculated based on the loan amount or manually added if you
chose to "override" closing costs.
Estimated Escrows: $0
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16 months of taxes and insurance, calculated at 0.0064% of the purchase price.
Prepaid Interest: $0
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Prepaid interest is pro-rated based on the number of days you will own
the home in the first month. If you close on the 1st, you pay 31 days
of interest. If you close on the 31st, you pay 1 day of interest.
Discount Point: $0
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If you are buying down your rate, this cost is in addition to your standard
closing costs. The calculation is based on the percentage selected above.
Temporary Buydown: $0
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This is your entered Temporary Buydown cost. It will be added to
your Grand Total below.
Available Loan Products
Loan Type | Occupancy & LTV | Max Seller Concession |
---|---|---|
Conventional | LTV > 90% Owner Occupied or Second Home | Up to 3% |
Conventional | 75.01% ≤ LTV ≤ 90% Owner Occupied or Second Home | Up to 6% |
Conventional | LTV ≤ 75% Owner Occupied or Second Home | Up to 9% |
Conventional | Any LTV Investment Property | Up to 2% |
FHA | Owner Occupied | Up to 6% |
VA | Owner Occupied | Up to 4% |
USDA | Owner Occupied | Up to 6% |