How to Buy Down Your Interest Rate for Dummies Disclaimer: The lending process is different from person to person based on credit score and your chosen lender. Step 1: 1% of your loan equals .25 of your rate. Step 2: If you have a $500,000 house at 10% down that’s a loan of $450,000. Step 3: 1% of that is 4,500. That’s what it would cost to buy your rate down .25% It’s not complicated. It’s not hard. It’s not scary. If you need help the contact form is in my bio. #lasvegas #brandonfromvegas #vegasrealtor #realestatetips #hawaii