Loan
Loan amount ($)
Loan term (years)
Rates
Rate without points (%)
Rate with points (%)
Points Cost
Points (% of loan)
= $3,000.00 in dollars
Extra closing costs ($)
Monthly P&I at Each Rate
Without Points
—
rate — / mo
With Points
—
rate — / mo
Monthly Savings
—
pretax, principal & interest
Break-Even Point
Awaiting input
—
Enter your loan amount, term, both rates, and the points cost to see how long the rate savings take to pay for the points.
Cost Comparison Over Time
| Metric | Without | With Points | Difference |
|---|
Assumes a fixed-rate loan held to each horizon, no prepayment, and points paid upfront at closing. Milestones beyond the loan term are capped at the full term. All calculations are client-side only — no data is sent anywhere.