Mortgage Points Calculator

One point is 1% of principal. Monthly saving must be positive. Excludes taxes and time value.

Your workbenchInputs are not stored

Result

Enter your values and run the tool to see your result.

Check the units, enter your values, and run the tool. Results follow the assumptions and method below.

Upfront points costprincipal*points/100

Monthly savingoldpayment-newpayment

Simple break-even monthsprincipal*points/100/(oldpayment-newpayment)