Mortgage Points vs Rate Calculator
See upfront points cost, monthly savings, and rough break-even versus a no-points rate.
Results
Loading live data stamp…
Assumptions
- One point = 1% of loan amount when points % is entered that way.
- Compares P&I only; credits, taxes, and APR fees beyond points are omitted.
How it works
Points cost = principal × points%. Break-even ≈ points cost ÷ monthly P&I savings.
FAQ
When do points make sense?
Often when you keep the loan past the break-even month. This tool does not give advice.
Is this a lender quote?
No — educational estimate using your inputs.
Do you store my numbers?
No account; calculations run in your browser.
Related calculators
Estimates only. See Disclaimer.