Should I Pay Points Calculator

Enter the information any loan and the number of points you are paying.
Less Points More Points
Loan Amount: $ $
Term (in years):    
Interest Rate: % %
Discount Points: % %
Other Loan Costs: $ $

Yearly Property Taxes: $
Yearly Homeowner's Insurance: $
Years Before Sell/Pay Off Loan:

 Less Points More Points
Principal and Interest:
Taxes and Insurance:
Points Cost:
Total Payment:
 
Based on the monthly payment savings you will break even in months.

This is than the number of months you said you would keep the loan before selling the home or paying off the loan, so based on your inputs, the recommendation is to .

Keep in mind that changing the amount of discount points, rate or loan amount may change the recommendation.