Interest Rate Buydowns What is an interest-rate buydown?   l It’s a tool to help you qualify for a larger loan and purchase a higher-priced house than you could under normal circumstances.   l A buydown allows you to pay extra points up front in return for a lower interest rate for the first few years.   l The good news: the extra points are tax deductible.   l Often, people relocating for employment obtain buydowns because employers often pay the extra points as part of a relocation packa…