Real Estate Calculators
Mortgage Points Breakeven Calculator
Enter your loan amount, rate, and the points you're considering to calculate the breakeven point in months.
Points cost
$3,000
Monthly savings
$49.05
61.2 months
New rate: 6.250%
1 point costs 1% of the loan amount, paid upfront to lower your rate. Breakeven is how long it takes the monthly payment savings to recoup that upfront cost — if you'll sell or refinance sooner than that, points usually aren't worth it.
How to use this tool
- 1Enter your loan amount and original interest rate.
- 2Enter the number of points and the rate reduction per point.
- 3Enter your loan term.
- 4See the breakeven point in months.
Frequently asked questions
When are points worth buying?+
Generally when you plan to keep the loan (without selling or refinancing) longer than the breakeven period — otherwise you likely won't recoup the upfront cost.