If you were buying a new house and knew it was a "forever home". You'd probably stay there 3-5 years.

Which interest rate option would you take? While also factoring trying to keep the monthly payment as low as possible.

Option A...they had a promo for $2k off mortgage price if using their preferred real estate agent
Calculated based on this information
We estimate $3,393 in third party fees
30-year fixed
20-year fixed
15-year fixed

Rate/APR
2.625% / 2.853%
Points
+ $4,820
Per month
$803
Select

Rate/APR
2.750% / 2.958%
Points
+ $4,274
Per month
$816
Selected

Rate/APR
2.875% / 3.048%
Points
+ $3,344
Per month
$830
Select

Rate/APR
3.000% / 3.131%
Points
+ $2,268
Per month
$843
Select

Rate/APR
3.125% / 3.234%
Points
+ $1,682
Per month
$857
Select

Rate/APR
3.250% / 3.325%
Points
+ $824
Per month
$870
Select

Rate/APR
3.375% / 3.422%
Points
+ $100
Per month
$884


Option B. They offer $500 off closing cost.

Rate/APR
2.750% / 2.973%
Points
+ $3,650
Per month
$816
Select

Rate/APR
2.875% / 3.060%
Points
+ $2,656
Per month
$830
Select

Rate/APR
3.000% / 3.159%
Points
+ $1,982
Per month
$843
Select

Rate/APR
3.125% / 3.266%
Points
+ $1,478
Per month
$857
Select

Rate/APR
3.250% / 3.360%
Points
+ $678
Per month
$870

The points...how much I need to pay to get that interest rate.

Yes, those are interest rates.

Yea, 30 years