Rates

Mortgage Points Calculator

Should you buy discount points to lower your rate? Find your break-even and total savings over the life of the loan.

Loan Details

Loan Amount

Base Rate (no points)

Loan Term

Points to Buy: 1.0

01234

Rate Reduction per Point (typical: 0.25%)

How Long Do You Plan to Stay?

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Cost of Points—

New Rate—

Monthly Savings—

Break-Even—

Net Savings (stay period)—

Net Savings (full term)—

Cumulative monthly savings

Dashed line = cost of points

Ask Jesse if buying points makes sense for your situation.

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