IRP Interest Rate Buy Down Calculator

An interest rate buy down is one of the benefits offered through the Integrated Relocation Program (IRP). This calculator will help you estimate the amount of funds required from your personal envelope to buy down an interest rate.

Please enter the details of your mortgage, the original interest rate, and the interest rate you to match with your interest rate buy down.

Mortgage Amount

Term

Interest Rate

Interest Rate to Match

Amortization Period

Years

Months

Total amount from your Personal Envelope required to buy down rate:

$0.00

This cost is an approximate estimate and may vary slightly if you have a payment frequency other than monthly. The exact buy down cost will be provided after a mortgage application has been submitted to a military friendly mortgage lender.

The Military Mortgage Plan is the single plan you need to take advantage of it all!

For more information or to set up an appointment

(416) 619-9248

ARupf @ MorCan . ca (without spaces)