Yes—and here’s how smart buyers are lowering their monthly payments right now using a strategy called a temporary buydown.

If you’ve been holding off on buying a home in Maricopa County because interest rates seem too high, you’re not alone. But rates don’t tell the whole story. There’s a way to buy the home you want today and still save thousands over the next few years.

What Is a Temporary Buydown and How Does It Help?

A temporary buydown is a mortgage tool that gives you a lower interest rate for the first 1–3 years of your loan. After that, the rate returns to normal.

For example:

• 2-1 Buydown: Your rate is 2% lower the first year, 1% lower the second year, then back to full rate

• 1-0 Buydown: Your rate is 1% lower for the first year

This isn’t a risky adjustable-rate mortgage. It’s a fixed-rate loan with a built-in discount upfront—often covered by the seller or builder as part of the deal.

How Much Can You Save on a Home in Maricopa County?

Let’s say you’re buying a $400,000 home in Gilbert, Chandler, or Scottsdale. With a 2-1 buydown on a 7% loan:

• Year 1: Rate is 5% — save about $450/month

• Year 2: Rate is 6% — save about $230/month

• Year 3 and beyond: Full rate of 7%

That’s more than $8,000 in savings over just two years. This makes a huge difference when you’re covering moving costs, furnishing your home, or just adjusting to new bills.

Can You Use a Buydown to Win a Home in a Competitive Market?

Yes—especially in Maricopa County where inventory is still tight and good homes move fast.

Here’s how it works:

• Instead of asking for a price cut, ask the seller to cover your buydown costs (usually 2–3% of the home price)

• This makes your offer stand out, especially if the seller’s already dropped the price once or is covering closing costs

A buydown helps the seller get their price and helps you get a lower monthly payment.

Why Should You Buy Now Instead of Waiting for Rates to Drop?

Because while you're waiting, prices are still rising—and you're not building equity.

If interest rates do drop later, more buyers will rush back in. That means more competition, higher prices, and potentially bidding wars.

With a buydown, you:

• Lock in the home you want now

• Get a discounted rate up front

• Refinance later if rates fall

Plus, you start building wealth sooner—especially in areas like Queen Creek and Mesa where values are climbing steadily.

What’s the First Step to See If a Buydown Makes Sense for You?

A quick loan consultation. We’ll:

• Run your numbers with and without a buydown

• Show what your payment could look like in different cities across Maricopa County

• Help you understand how to ask for seller-paid options without weakening your offer

There’s zero pressure—just a smart strategy session based on your goals.

Ready to Buy in Maricopa County and Want a Lower Monthly Payment?

You don’t have to wait for perfect conditions. You just need the right approach.

A temporary buydown could be the exact strategy to help you stop renting and start owning—even in today’s market.

Let’s build your custom game plan, I'm looking forward to helping you achieve your dream.