Mortgage Points Calculator

Determine if buying mortgage points makes sense for your situation.

  • Methods explained
  • Save scenarios
  • Compare saved scenarios

Loan Details

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30 years
7 years

Recommendation

Our RecommendationBuy Points

Payment Comparison

Payment Without Points$1,896
Payment With Points$1,799
Monthly Savings$98

Cost Analysis

Points Cost$3,000
Break-Even Point31 months
Savings If You Stay$5,194
How it works›

Model and assumptions. Compares upfront discount-point cost with the modeled monthly payment reduction. Simple break-even divides points paid by monthly savings; holding period and the remaining loan balances also matter. Future refinancing and tax effects are not predicted.CFPB: mortgage termsOpenStax: annuity formulas