Mortgage Points vs. Interest Rate Savings Tool

Mortgage Points vs. Interest Rate Analyzer

Compare the costs and break-even point of paying for mortgage discount points.

** VERY IMPORTANT - PLEASE READ **

This tool provides **illustrative estimations** based on your inputs.
Actual mortgage rates, points, fees, and lender policies vary significantly. This is **NOT** a loan offer or financial advice.
The break-even calculation is simplified and does not account for the time value of money or potential refinancing.
Always obtain official Loan Estimates and consult with mortgage professionals and financial advisors.

Loan Amount ($):

Loan Term (Years):

Planned Holding Period (Years): (How long you expect to keep this mortgage/home)

Interest Rate (%):

Discount Points Paid: (1 point = 1% of loan amount)

points

Other Upfront Fees for Option A ($): (e.g., specific lock fee if any)

Interest Rate (%):

Discount Points Paid: (1 point = 1% of loan amount)

points

Other Upfront Fees for Option B ($): (e.g., specific lock fee if any)