Mortgage Points Break-Even
Decide whether paying discount points to lower your mortgage rate is worthwhile by calculating the break-even time, free online.
À propos de cette calculatrice
One discount point costs 1% of the loan and typically lowers the rate by about 0.25%. Break-even months = cost of points ÷ monthly payment saving. If you will keep the loan longer than the break-even period, buying points saves money.