Costs & Fees

Discount Points Calculator

Calculate whether buying discount points is worth it. See how much you'll save per month, your break-even timeline, and total savings over the life of the loan.

Discount Points Calculator

Points to Buy
Without Points
6.500%
$2,023/mo
With 1 Point
6.250%
$1,970/mo
Upfront cost: $3,200 · Monthly savings: $52
Break-Even Point
5 years, 2 months
5 years
-$61
Not worth it
7 years
+$1,195
Points save
10 years
+$3,079
Points save
30 years
+$15,636
Points save

Related Articles

What Are Mortgage Discount Points? Costs, Savings, and Break-Even Math

Learn what mortgage discount points are, how they lower your interest rate, and how to calculate whether buying points is worth the upfront cost for your situation.

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