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Mortgage Points Calculator
Find out if paying for mortgage discount points makes sense: the upfront cost, monthly savings and how many months to break even.
Tip from Tink: One point usually costs 1% of the loan and cuts the rate by about 0.25%.
Break-even
5 yr 0 mo
Upfront cost
$3,500.00
Monthly saving
$58.47
New rate
6.75%
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How to use the Mortgage Points Calculator
- Enter the loan amount, rate and term.
- Enter points and how much each cuts the rate.
- Read the break-even time.
Everything runs in your browser. Nothing you enter is uploaded.