6. How much must a seller pay to a buyer's lender to "buydown" the interest rate from 7% to 5.5% for 5 years on a 30-year, monthly payment FRM loan for $350,000? Buydown Period (years) Buydown amount ($) with PV function 7% Loan Loan Amount Annual Interest Rate Maturity (in years) Periods per year Monthly Payment 5.5% Loan Loan Amount Annual Interest Rate Maturity (in years) Periods per year Monthly Payment 6. How much must a seller pay to a buyer's lender to "buydown" the interest rate from 7% to 5.5% for 5 years on a 30-year, monthly payment FRM loan for $350,000? Buydown Period (years) Buydown amount ($) with PV function 7% Loan Loan Amount Annual Interest Rate Maturity (in years) Periods per year Monthly Payment 5.5% Loan Loan Amount Annual Interest Rate Maturity (in years) Periods per year Monthly Payment