Remember, you always have the option to buy down your interest rate for every one percent of the purchase price you can buy down your rate .25% I highly recommend to all my clients to use some of the closing costs the seller provides for you to do this. But only If you do not need all of them to close on your house. Buying down the rate will save you a ton of money on your monthly payment. Joe Your Real Esate Agent 520-406-2201