buydown

== English == === Alternative forms === buy-down === Etymology === From buy +‎ down. === Noun === buydown (plural buydowns) (finance) An accelerated repayment of the principal of a loan. (mortgage finance) A payment by a third-party to a lender to reduce some of all of the payments otherwise required, especially in first few years of the loan, thereby enhancing the apparent quality of the loan. ==== Synonyms ==== (accelerated repayment of principal): prepayment, accelerated or lump sum amortization. ==== Related terms ==== buy down