Dicno LabsMortgage rates
Compare upfront discount point cost with estimated monthly payment savings.
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Mortgage discount points are upfront fees paid to reduce the interest rate. A points break-even calculator compares the upfront cost with the estimated monthly payment savings.
The key question is how long it takes for monthly savings to recover the upfront cost. If the homeowner expects to keep the loan beyond the break-even point, points may be worth comparing more closely.
This calculator is educational only and should be used alongside APR, loan comparison, and lender estimates.
This calculator is for educational and planning purposes only. It is not financial advice, a loan approval, a tax bill, or a lender quote.
Calculator
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Formula
Points cost equals loan amount multiplied by points percentage. Monthly savings is the difference between payment without points and payment with points. Break-even equals points cost divided by monthly savings.
One point on a $350,000 loan costs $3,500. If the lower rate saves $112 per month, the estimated break-even time is about 31 months.
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Mortgage Points Break-Even Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Mortgage Points Break-Even Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Mortgage Points Break-Even Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Mortgage Points Break-Even Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Mortgage Points Break-Even Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Mortgage Points Break-Even Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Mortgage Points Break-Even Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Mortgage Points Break-Even Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Mortgage Points Break-Even Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
Mortgage Points Break-Even Calculator is an educational planning tool. Use the result as a starting point, then compare it with written lender, servicer, tax, or closing documents when available.
HomeLoan Compass
Use HomeLoan Compass when a single estimate turns into a multi-loan decision.