Mortgage Points Break-Even Calculator
See whether paying discount points to buy down your mortgage rate is worth it. Compares the upfront cost against the monthly savings to find how many months until you break even.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
Inputs
$
points
years
Results
Break-even time
61.2months
Cost of points$3,000.00
Monthly savings$49.05
Payment without points$1,896.20
Payment with points$1,847.15
How to Use This Calculator
- Enter your loan amount and term.
- Enter the number of discount points and the rate with and without them.
- If you'll keep the loan past the break-even month, buying points pays off.
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