👉 If the seller DROPS the price $10K: Your loan is slightly smaller Your payment drops a little You save over the long term 👉 If the seller GIVES you $10K in concessions: You bring less cash to closing You can buy down your interest rate Your monthly payment can drop way more A price reduction helps you a little every month for the long run, but a seller concession helps you right now, either by lowering your payment more through a rate buydown or reducing how much cash you bring to closing. In today’s market, a concession usually puts more money back in your pocket than a price drop, but if appraisal or long-term value is your concern, the price reduction can still make sense. Give us a call and we can chat about what makes the most sense for you. 303-458-1900