Mortgage Points Calculator
Calculate the cost and savings of buying mortgage points. See break-even month and total interest savings.
Cost of Points
$3,000.00
New Rate
6.75%
Monthly Savings
$50.11
Break-Even
60 months
Total Interest Savings
$18,040.75
Net Savings
$15,040.75
Points Analysis
| Cost of 1 Point(s) | $3,000.00 |
| Original Rate | 7.00% |
| Rate Reduction (1 x 0.25%) | - 0.25% |
| New Rate | 6.75% |
Payment Comparison
| Old Monthly Payment (7.00%) | $1,995.91 |
| New Monthly Payment (6.75%) | $1,945.79 |
| Monthly Savings | $50.11 |
| Break-Even Period | 60 months |
| Total Interest (without points, 30yr) | $418,526.69 |
| Total Interest (with points, 30yr) | $400,485.94 |
| Total Interest Savings | $18,040.75 |
| Net Savings (interest savings - points cost) | $15,040.75 |
Use the Mortgage Points Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
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