Mortgage Points Calculator

Compare a zero-point rate with a quoted lower rate purchased through upfront discount points.

Your estimate

Upfront cost of points: $3,200.00
Monthly payment reduction: $52.32
Simple payment break-even: 61.2 months
Interest and fee savings at horizon: $2,419.59
New monthly P&I: $1,970.30

With pointsWithout points

Starting values are illustrative, not live quotes. Enter actual quoted rates; one point does not imply a fixed rate reduction. Horizon savings compare interest plus upfront points, without tax effects or investment opportunity cost.

Payment schedule

Payment schedule
Month	Payment	Principal	Interest	Balance
1	$1,970.30	$303.63	$1,666.67	$319,696.37
2	$1,970.30	$305.21	$1,665.09	$319,391.16
3	$1,970.30	$306.80	$1,663.50	$319,084.36
4	$1,970.30	$308.40	$1,661.90	$318,775.97
5	$1,970.30	$310.00	$1,660.29	$318,465.96
6	$1,970.30	$311.62	$1,658.68	$318,154.34
7	$1,970.30	$313.24	$1,657.05	$317,841.10
8	$1,970.30	$314.87	$1,655.42	$317,526.23
9	$1,970.30	$316.51	$1,653.78	$317,209.72
10	$1,970.30	$318.16	$1,652.13	$316,891.56
11	$1,970.30	$319.82	$1,650.48	$316,571.74
12	$1,970.30	$321.48	$1,648.81	$316,250.25
13	$1,970.30	$323.16	$1,647.14	$315,927.10
14	$1,970.30	$324.84	$1,645.45	$315,602.25
15	$1,970.30	$326.53	$1,643.76	$315,275.72
16	$1,970.30	$328.23	$1,642.06	$314,947.49
17	$1,970.30	$329.94	$1,640.35	$314,617.54
18	$1,970.30	$331.66	$1,638.63	$314,285.88
19	$1,970.30	$333.39	$1,636.91	$313,952.49
20	$1,970.30	$335.13	$1,635.17	$313,617.37
21	$1,970.30	$336.87	$1,633.42	$313,280.49
22	$1,970.30	$338.63	$1,631.67	$312,941.87
23	$1,970.30	$340.39	$1,629.91	$312,601.48
24	$1,970.30	$342.16	$1,628.13	$312,259.32
25	$1,970.30	$343.94	$1,626.35	$311,915.37
26	$1,970.30	$345.74	$1,624.56	$311,569.64
27	$1,970.30	$347.54	$1,622.76	$311,222.10
28	$1,970.30	$349.35	$1,620.95	$310,872.75
29	$1,970.30	$351.17	$1,619.13	$310,521.59
30	$1,970.30	$353.00	$1,617.30	$310,168.59
31	$1,970.30	$354.83	$1,615.46	$309,813.76
32	$1,970.30	$356.68	$1,613.61	$309,457.08
33	$1,970.30	$358.54	$1,611.76	$309,098.54
34	$1,970.30	$360.41	$1,609.89	$308,738.13
35	$1,970.30	$362.28	$1,608.01	$308,375.85
36	$1,970.30	$364.17	$1,606.12	$308,011.68
37	$1,970.30	$366.07	$1,604.23	$307,645.61
38	$1,970.30	$367.97	$1,602.32	$307,277.63
39	$1,970.30	$369.89	$1,600.40	$306,907.74
40	$1,970.30	$371.82	$1,598.48	$306,535.93
41	$1,970.30	$373.75	$1,596.54	$306,162.17
42	$1,970.30	$375.70	$1,594.59	$305,786.47
43	$1,970.30	$377.66	$1,592.64	$305,408.82
44	$1,970.30	$379.62	$1,590.67	$305,029.19
45	$1,970.30	$381.60	$1,588.69	$304,647.59
46	$1,970.30	$383.59	$1,586.71	$304,264.00
47	$1,970.30	$385.59	$1,584.71	$303,878.41
48	$1,970.30	$387.59	$1,582.70	$303,490.82
49	$1,970.30	$389.61	$1,580.68	$303,101.21
50	$1,970.30	$391.64	$1,578.65	$302,709.56
51	$1,970.30	$393.68	$1,576.61	$302,315.88
52	$1,970.30	$395.73	$1,574.56	$301,920.15
53	$1,970.30	$397.79	$1,572.50	$301,522.35
54	$1,970.30	$399.87	$1,570.43	$301,122.49
55	$1,970.30	$401.95	$1,568.35	$300,720.54
56	$1,970.30	$404.04	$1,566.25	$300,316.50
57	$1,970.30	$406.15	$1,564.15	$299,910.35
58	$1,970.30	$408.26	$1,562.03	$299,502.09
59	$1,970.30	$410.39	$1,559.91	$299,091.70
60	$1,970.30	$412.53	$1,557.77	$298,679.17
61	$1,970.30	$414.67	$1,555.62	$298,264.50
62	$1,970.30	$416.83	$1,553.46	$297,847.66
63	$1,970.30	$419.01	$1,551.29	$297,428.66
64	$1,970.30	$421.19	$1,549.11	$297,007.47
65	$1,970.30	$423.38	$1,546.91	$296,584.09
66	$1,970.30	$425.59	$1,544.71	$296,158.50
67	$1,970.30	$427.80	$1,542.49	$295,730.70
68	$1,970.30	$430.03	$1,540.26	$295,300.67
69	$1,970.30	$432.27	$1,538.02	$294,868.40
70	$1,970.30	$434.52	$1,535.77	$294,433.88
71	$1,970.30	$436.79	$1,533.51	$293,997.09
72	$1,970.30	$439.06	$1,531.23	$293,558.03
73	$1,970.30	$441.35	$1,528.95	$293,116.69
74	$1,970.30	$443.65	$1,526.65	$292,673.04
75	$1,970.30	$445.96	$1,524.34	$292,227.08
76	$1,970.30	$448.28	$1,522.02	$291,778.80
77	$1,970.30	$450.61	$1,519.68	$291,328.19
78	$1,970.30	$452.96	$1,517.33	$290,875.23
79	$1,970.30	$455.32	$1,514.98	$290,419.91
80	$1,970.30	$457.69	$1,512.60	$289,962.22
81	$1,970.30	$460.08	$1,510.22	$289,502.14
82	$1,970.30	$462.47	$1,507.82	$289,039.67
83	$1,970.30	$464.88	$1,505.41	$288,574.79
84	$1,970.30	$467.30	$1,502.99	$288,107.49
85	$1,970.30	$469.74	$1,500.56	$287,637.76
86	$1,970.30	$472.18	$1,498.11	$287,165.57
87	$1,970.30	$474.64	$1,495.65	$286,690.93
88	$1,970.30	$477.11	$1,493.18	$286,213.82
89	$1,970.30	$479.60	$1,490.70	$285,734.22
90	$1,970.30	$482.10	$1,488.20	$285,252.13
91	$1,970.30	$484.61	$1,485.69	$284,767.52
92	$1,970.30	$487.13	$1,483.16	$284,280.39
93	$1,970.30	$489.67	$1,480.63	$283,790.72
94	$1,970.30	$492.22	$1,478.08	$283,298.50
95	$1,970.30	$494.78	$1,475.51	$282,803.72
96	$1,970.30	$497.36	$1,472.94	$282,306.36
97	$1,970.30	$499.95	$1,470.35	$281,806.41
98	$1,970.30	$502.55	$1,467.74	$281,303.86
99	$1,970.30	$505.17	$1,465.12	$280,798.69
100	$1,970.30	$507.80	$1,462.49	$280,290.88
101	$1,970.30	$510.45	$1,459.85	$279,780.44
102	$1,970.30	$513.11	$1,457.19	$279,267.33
103	$1,970.30	$515.78	$1,454.52	$278,751.56
104	$1,970.30	$518.46	$1,451.83	$278,233.09
105	$1,970.30	$521.16	$1,449.13	$277,711.93
106	$1,970.30	$523.88	$1,446.42	$277,188.05
107	$1,970.30	$526.61	$1,443.69	$276,661.44
108	$1,970.30	$529.35	$1,440.95	$276,132.09
109	$1,970.30	$532.11	$1,438.19	$275,599.98
110	$1,970.30	$534.88	$1,435.42	$275,065.11
111	$1,970.30	$537.66	$1,432.63	$274,527.44
112	$1,970.30	$540.46	$1,429.83	$273,986.98
113	$1,970.30	$543.28	$1,427.02	$273,443.70
114	$1,970.30	$546.11	$1,424.19	$272,897.59
115	$1,970.30	$548.95	$1,421.34	$272,348.63
116	$1,970.30	$551.81	$1,418.48	$271,796.82
117	$1,970.30	$554.69	$1,415.61	$271,242.14
118	$1,970.30	$557.58	$1,412.72	$270,684.56
119	$1,970.30	$560.48	$1,409.82	$270,124.08
120	$1,970.30	$563.40	$1,406.90	$269,560.68
121	$1,970.30	$566.33	$1,403.96	$268,994.35
122	$1,970.30	$569.28	$1,401.01	$268,425.07
123	$1,970.30	$572.25	$1,398.05	$267,852.82
124	$1,970.30	$575.23	$1,395.07	$267,277.59
125	$1,970.30	$578.22	$1,392.07	$266,699.36
126	$1,970.30	$581.24	$1,389.06	$266,118.13
127	$1,970.30	$584.26	$1,386.03	$265,533.87
128	$1,970.30	$587.31	$1,382.99	$264,946.56
129	$1,970.30	$590.37	$1,379.93	$264,356.19
130	$1,970.30	$593.44	$1,376.86	$263,762.75
131	$1,970.30	$596.53	$1,373.76	$263,166.22
132	$1,970.30	$599.64	$1,370.66	$262,566.59
133	$1,970.30	$602.76	$1,367.53	$261,963.83
134	$1,970.30	$605.90	$1,364.39	$261,357.93
135	$1,970.30	$609.06	$1,361.24	$260,748.87
136	$1,970.30	$612.23	$1,358.07	$260,136.64
137	$1,970.30	$615.42	$1,354.88	$259,521.23
138	$1,970.30	$618.62	$1,351.67	$258,902.60
139	$1,970.30	$621.84	$1,348.45	$258,280.76
140	$1,970.30	$625.08	$1,345.21	$257,655.68
141	$1,970.30	$628.34	$1,341.96	$257,027.34
142	$1,970.30	$631.61	$1,338.68	$256,395.73
143	$1,970.30	$634.90	$1,335.39	$255,760.83
144	$1,970.30	$638.21	$1,332.09	$255,122.62
145	$1,970.30	$641.53	$1,328.76	$254,481.09
146	$1,970.30	$644.87	$1,325.42	$253,836.21
147	$1,970.30	$648.23	$1,322.06	$253,187.98
148	$1,970.30	$651.61	$1,318.69	$252,536.38
149	$1,970.30	$655.00	$1,315.29	$251,881.37
150	$1,970.30	$658.41	$1,311.88	$251,222.96
151	$1,970.30	$661.84	$1,308.45	$250,561.12
152	$1,970.30	$665.29	$1,305.01	$249,895.83
153	$1,970.30	$668.75	$1,301.54	$249,227.08
154	$1,970.30	$672.24	$1,298.06	$248,554.84
155	$1,970.30	$675.74	$1,294.56	$247,879.10
156	$1,970.30	$679.26	$1,291.04	$247,199.84
157	$1,970.30	$682.80	$1,287.50	$246,517.05
158	$1,970.30	$686.35	$1,283.94	$245,830.69
159	$1,970.30	$689.93	$1,280.37	$245,140.77
160	$1,970.30	$693.52	$1,276.77	$244,447.25
161	$1,970.30	$697.13	$1,273.16	$243,750.11
162	$1,970.30	$700.76	$1,269.53	$243,049.35
163	$1,970.30	$704.41	$1,265.88	$242,344.94
164	$1,970.30	$708.08	$1,262.21	$241,636.86
165	$1,970.30	$711.77	$1,258.53	$240,925.09
166	$1,970.30	$715.48	$1,254.82	$240,209.61
167	$1,970.30	$719.20	$1,251.09	$239,490.41
168	$1,970.30	$722.95	$1,247.35	$238,767.46
169	$1,970.30	$726.71	$1,243.58	$238,040.74
170	$1,970.30	$730.50	$1,239.80	$237,310.24
171	$1,970.30	$734.30	$1,235.99	$236,575.94
172	$1,970.30	$738.13	$1,232.17	$235,837.81
173	$1,970.30	$741.97	$1,228.32	$235,095.84
174	$1,970.30	$745.84	$1,224.46	$234,350.00
175	$1,970.30	$749.72	$1,220.57	$233,600.28
176	$1,970.30	$753.63	$1,216.67	$232,846.65
177	$1,970.30	$757.55	$1,212.74	$232,089.10
178	$1,970.30	$761.50	$1,208.80	$231,327.60
179	$1,970.30	$765.46	$1,204.83	$230,562.14
180	$1,970.30	$769.45	$1,200.84	$229,792.69
181	$1,970.30	$773.46	$1,196.84	$229,019.23
182	$1,970.30	$777.49	$1,192.81	$228,241.74
183	$1,970.30	$781.54	$1,188.76	$227,460.21
184	$1,970.30	$785.61	$1,184.69	$226,674.60
185	$1,970.30	$789.70	$1,180.60	$225,884.90
186	$1,970.30	$793.81	$1,176.48	$225,091.09
187	$1,970.30	$797.95	$1,172.35	$224,293.14
188	$1,970.30	$802.10	$1,168.19	$223,491.04
189	$1,970.30	$806.28	$1,164.02	$222,684.76
190	$1,970.30	$810.48	$1,159.82	$221,874.29
191	$1,970.30	$814.70	$1,155.60	$221,059.59
192	$1,970.30	$818.94	$1,151.35	$220,240.64
193	$1,970.30	$823.21	$1,147.09	$219,417.43
194	$1,970.30	$827.50	$1,142.80	$218,589.94
195	$1,970.30	$831.81	$1,138.49	$217,758.13
196	$1,970.30	$836.14	$1,134.16	$216,921.99
197	$1,970.30	$840.49	$1,129.80	$216,081.50
198	$1,970.30	$844.87	$1,125.42	$215,236.63
199	$1,970.30	$849.27	$1,121.02	$214,387.36
200	$1,970.30	$853.69	$1,116.60	$213,533.67
201	$1,970.30	$858.14	$1,112.15	$212,675.53
202	$1,970.30	$862.61	$1,107.69	$211,812.92
203	$1,970.30	$867.10	$1,103.19	$210,945.81
204	$1,970.30	$871.62	$1,098.68	$210,074.19
205	$1,970.30	$876.16	$1,094.14	$209,198.03
206	$1,970.30	$880.72	$1,089.57	$208,317.31
207	$1,970.30	$885.31	$1,084.99	$207,432.00
208	$1,970.30	$889.92	$1,080.38	$206,542.08
209	$1,970.30	$894.56	$1,075.74	$205,647.53
210	$1,970.30	$899.21	$1,071.08	$204,748.31
211	$1,970.30	$903.90	$1,066.40	$203,844.42
212	$1,970.30	$908.61	$1,061.69	$202,935.81
213	$1,970.30	$913.34	$1,056.96	$202,022.47
214	$1,970.30	$918.09	$1,052.20	$201,104.38
215	$1,970.30	$922.88	$1,047.42	$200,181.50
216	$1,970.30	$927.68	$1,042.61	$199,253.82
217	$1,970.30	$932.51	$1,037.78	$198,321.31
218	$1,970.30	$937.37	$1,032.92	$197,383.93
219	$1,970.30	$942.25	$1,028.04	$196,441.68
220	$1,970.30	$947.16	$1,023.13	$195,494.52
221	$1,970.30	$952.09	$1,018.20	$194,542.42
222	$1,970.30	$957.05	$1,013.24	$193,585.37
223	$1,970.30	$962.04	$1,008.26	$192,623.33
224	$1,970.30	$967.05	$1,003.25	$191,656.28
225	$1,970.30	$972.09	$998.21	$190,684.20
226	$1,970.30	$977.15	$993.15	$189,707.05
227	$1,970.30	$982.24	$988.06	$188,724.81
228	$1,970.30	$987.35	$982.94	$187,737.46
229	$1,970.30	$992.50	$977.80	$186,744.96
230	$1,970.30	$997.67	$972.63	$185,747.30
231	$1,970.30	$1,002.86	$967.43	$184,744.44
232	$1,970.30	$1,008.08	$962.21	$183,736.35
233	$1,970.30	$1,013.33	$956.96	$182,723.02
234	$1,970.30	$1,018.61	$951.68	$181,704.41
235	$1,970.30	$1,023.92	$946.38	$180,680.49
236	$1,970.30	$1,029.25	$941.04	$179,651.24
237	$1,970.30	$1,034.61	$935.68	$178,616.63
238	$1,970.30	$1,040.00	$930.29	$177,576.63
239	$1,970.30	$1,045.42	$924.88	$176,531.21
240	$1,970.30	$1,050.86	$919.43	$175,480.35
241	$1,970.30	$1,056.33	$913.96	$174,424.01
242	$1,970.30	$1,061.84	$908.46	$173,362.18
243	$1,970.30	$1,067.37	$902.93	$172,294.81
244	$1,970.30	$1,072.93	$897.37	$171,221.88
245	$1,970.30	$1,078.51	$891.78	$170,143.37
246	$1,970.30	$1,084.13	$886.16	$169,059.24
247	$1,970.30	$1,089.78	$880.52	$167,969.46
248	$1,970.30	$1,095.45	$874.84	$166,874.00
249	$1,970.30	$1,101.16	$869.14	$165,772.84
250	$1,970.30	$1,106.89	$863.40	$164,665.95
251	$1,970.30	$1,112.66	$857.64	$163,553.29
252	$1,970.30	$1,118.45	$851.84	$162,434.84
253	$1,970.30	$1,124.28	$846.01	$161,310.55
254	$1,970.30	$1,130.14	$840.16	$160,180.42
255	$1,970.30	$1,136.02	$834.27	$159,044.40
256	$1,970.30	$1,141.94	$828.36	$157,902.46
257	$1,970.30	$1,147.89	$822.41	$156,754.57
258	$1,970.30	$1,153.86	$816.43	$155,600.71
259	$1,970.30	$1,159.87	$810.42	$154,440.83
260	$1,970.30	$1,165.92	$804.38	$153,274.92
261	$1,970.30	$1,171.99	$798.31	$152,102.93
262	$1,970.30	$1,178.09	$792.20	$150,924.84
263	$1,970.30	$1,184.23	$786.07	$149,740.61
264	$1,970.30	$1,190.40	$779.90	$148,550.21
265	$1,970.30	$1,196.60	$773.70	$147,353.62
266	$1,970.30	$1,202.83	$767.47	$146,150.79
267	$1,970.30	$1,209.09	$761.20	$144,941.69
268	$1,970.30	$1,215.39	$754.90	$143,726.30
269	$1,970.30	$1,221.72	$748.57	$142,504.58
270	$1,970.30	$1,228.08	$742.21	$141,276.50
271	$1,970.30	$1,234.48	$735.82	$140,042.02
272	$1,970.30	$1,240.91	$729.39	$138,801.11
273	$1,970.30	$1,247.37	$722.92	$137,553.74
274	$1,970.30	$1,253.87	$716.43	$136,299.87
275	$1,970.30	$1,260.40	$709.90	$135,039.47
276	$1,970.30	$1,266.96	$703.33	$133,772.50
277	$1,970.30	$1,273.56	$696.73	$132,498.94
278	$1,970.30	$1,280.20	$690.10	$131,218.74
279	$1,970.30	$1,286.86	$683.43	$129,931.88
280	$1,970.30	$1,293.57	$676.73	$128,638.31
281	$1,970.30	$1,300.30	$669.99	$127,338.01
282	$1,970.30	$1,307.08	$663.22	$126,030.93
283	$1,970.30	$1,313.88	$656.41	$124,717.05
284	$1,970.30	$1,320.73	$649.57	$123,396.32
285	$1,970.30	$1,327.61	$642.69	$122,068.72
286	$1,970.30	$1,334.52	$635.77	$120,734.20
287	$1,970.30	$1,341.47	$628.82	$119,392.73
288	$1,970.30	$1,348.46	$621.84	$118,044.27
289	$1,970.30	$1,355.48	$614.81	$116,688.79
290	$1,970.30	$1,362.54	$607.75	$115,326.25
291	$1,970.30	$1,369.64	$600.66	$113,956.61
292	$1,970.30	$1,376.77	$593.52	$112,579.84
293	$1,970.30	$1,383.94	$586.35	$111,195.89
294	$1,970.30	$1,391.15	$579.15	$109,804.74
295	$1,970.30	$1,398.40	$571.90	$108,406.35
296	$1,970.30	$1,405.68	$564.62	$107,000.67
297	$1,970.30	$1,413.00	$557.30	$105,587.67
298	$1,970.30	$1,420.36	$549.94	$104,167.31
299	$1,970.30	$1,427.76	$542.54	$102,739.55
300	$1,970.30	$1,435.19	$535.10	$101,304.36
301	$1,970.30	$1,442.67	$527.63	$99,861.69
302	$1,970.30	$1,450.18	$520.11	$98,411.51
303	$1,970.30	$1,457.74	$512.56	$96,953.78
304	$1,970.30	$1,465.33	$504.97	$95,488.45
305	$1,970.30	$1,472.96	$497.34	$94,015.49
306	$1,970.30	$1,480.63	$489.66	$92,534.86
307	$1,970.30	$1,488.34	$481.95	$91,046.52
308	$1,970.30	$1,496.09	$474.20	$89,550.42
309	$1,970.30	$1,503.89	$466.41	$88,046.53
310	$1,970.30	$1,511.72	$458.58	$86,534.82
311	$1,970.30	$1,519.59	$450.70	$85,015.22
312	$1,970.30	$1,527.51	$442.79	$83,487.72
313	$1,970.30	$1,535.46	$434.83	$81,952.25
314	$1,970.30	$1,543.46	$426.83	$80,408.79
315	$1,970.30	$1,551.50	$418.80	$78,857.29
316	$1,970.30	$1,559.58	$410.72	$77,297.71
317	$1,970.30	$1,567.70	$402.59	$75,730.01
318	$1,970.30	$1,575.87	$394.43	$74,154.14
319	$1,970.30	$1,584.08	$386.22	$72,570.07
320	$1,970.30	$1,592.33	$377.97	$70,977.74
321	$1,970.30	$1,600.62	$369.68	$69,377.12
322	$1,970.30	$1,608.96	$361.34	$67,768.17
323	$1,970.30	$1,617.34	$352.96	$66,150.83
324	$1,970.30	$1,625.76	$344.54	$64,525.07
325	$1,970.30	$1,634.23	$336.07	$62,890.84
326	$1,970.30	$1,642.74	$327.56	$61,248.10
327	$1,970.30	$1,651.29	$319.00	$59,596.81
328	$1,970.30	$1,659.89	$310.40	$57,936.91
329	$1,970.30	$1,668.54	$301.75	$56,268.37
330	$1,970.30	$1,677.23	$293.06	$54,591.14
331	$1,970.30	$1,685.97	$284.33	$52,905.18
332	$1,970.30	$1,694.75	$275.55	$51,210.43
333	$1,970.30	$1,703.57	$266.72	$49,506.86
334	$1,970.30	$1,712.45	$257.85	$47,794.41
335	$1,970.30	$1,721.37	$248.93	$46,073.04
336	$1,970.30	$1,730.33	$239.96	$44,342.71
337	$1,970.30	$1,739.34	$230.95	$42,603.37
338	$1,970.30	$1,748.40	$221.89	$40,854.97
339	$1,970.30	$1,757.51	$212.79	$39,097.46
340	$1,970.30	$1,766.66	$203.63	$37,330.80
341	$1,970.30	$1,775.86	$194.43	$35,554.93
342	$1,970.30	$1,785.11	$185.18	$33,769.82
343	$1,970.30	$1,794.41	$175.88	$31,975.41
344	$1,970.30	$1,803.76	$166.54	$30,171.65
345	$1,970.30	$1,813.15	$157.14	$28,358.50
346	$1,970.30	$1,822.59	$147.70	$26,535.91
347	$1,970.30	$1,832.09	$138.21	$24,703.82
348	$1,970.30	$1,841.63	$128.67	$22,862.19
349	$1,970.30	$1,851.22	$119.07	$21,010.97
350	$1,970.30	$1,860.86	$109.43	$19,150.11
351	$1,970.30	$1,870.55	$99.74	$17,279.55
352	$1,970.30	$1,880.30	$90.00	$15,399.25
353	$1,970.30	$1,890.09	$80.20	$13,509.16
354	$1,970.30	$1,899.93	$70.36	$11,609.23
355	$1,970.30	$1,909.83	$60.46	$9,699.40
356	$1,970.30	$1,919.78	$50.52	$7,779.62
357	$1,970.30	$1,929.78	$40.52	$5,849.84
358	$1,970.30	$1,939.83	$30.47	$3,910.02
359	$1,970.30	$1,949.93	$20.36	$1,960.09
360	$1,970.30	$1,960.09	$10.21	$0.00

Updated September 9, 2026

How to use

Replace the example inputs with your loan and property figures.
Select Calculate to update the estimate and any schedule.
Change one assumption at a time, then compare the result with the earlier scenario.

How this calculation works

Point cost is the loan amount times the number of points divided by one hundred. The engine calculates both payment schedules, then measures the monthly difference and accumulated interest difference at the selected horizon after subtracting the point cost.

Point cost = loan × points ÷ 100

Worked example

Illustrative inputs — not a quote or a local average.

Loan amount: $320,000.00
Zero-point note rate: 6.5 %
Note rate with points: 6.25 %
Loan term: 30 years
Discount points: 1 points
Comparison period: 7 years

Upfront cost of points: $3,200.00. Monthly payment reduction: $52.32. Simple payment break-even: 61.2 months.

Reading the result

Payment break-even is useful for a quick first comparison, but the horizon interest figure distinguishes loan repayment from borrowing cost. A borrower who expects to refinance before recovering the upfront cost should test a shorter holding period. A negative horizon result means the point option costs more under that scenario.

Before acting on the estimate

The rate reduction must come from the quote; it is not inferred from the number of points. Keep the loan amount, term and other fees equal when isolating this choice. Taxes and the return you could have earned on the upfront cash are excluded.