Loan Points Calculator

Compare a loan with and without discount points: payments, total interest, points cost, and breakeven.

Loan Amount

Loan Term (Years)

Rate Without Points (%)

Rate With Points (%)

Points (% of loan)

Other Closing Costs (optional)

Points Cost:

Monthly Payment (No Points):

Monthly Payment (With Points):

Total Interest (No Points):

Total Interest (With Points):

Breakeven (months):