Mortgage Points Calculator
Calculate whether buying mortgage discount points is worth it. Find your break-even period and total savings.
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Break-Even Period
$0
Points Cost
$0
Monthly Savings
$0
Lifetime Savings
$0
Net Savings (After Points Cost)
Are Points Worth It?
1 point = 1% of loan, reduces rate ~0.25%. On $320K: $3,200 saves $48/month. Break-even: 67 months. Only buy if staying past break-even. Tax-deductible on purchase.
Frequently Asked Questions
How many to buy?
Only if staying past break-even (typically 5–6 years).
Deductible?
Purchase: yes. Refinance: amortized over term.