Points Analysis Calculator Paying points upfront will lower your interest rate, but will also increase your closing costs. In general, it makes sense to pay points on purchases (i.e. purchase points are fully tax deductible the same year) and you expect to hold your mortgage for a long period of time...So, are you still wondering how many points you should pay (if any)? This calculator will provide you a breakeven analysis and a comparison of different point/rate structures based in current pricing for the program you select. Loan Amount Program Select one 30 Year Fixed 15 Year Fixed 7/1 (Fixed for 7 years) 5/1 (Fixed for 5 years) 3/1 (Fixed for 3 years) Type of Transaction Purchase Refinance Your tax bracket (Use combined fed. and state rate)% Back to Calculators
This calculator will provide you a breakeven analysis and a comparison of different point/rate structures based in current pricing for the program you select.
