FREE CALCULATOR · COMPARING LENDERS
Points break-even
Compare a lower rate with the upfront price of getting it.
Lower-rate monthly P&I$2,463
- Monthly P&I savings
- $65
- Additional upfront cost
- $4,000
- Simple payback
- 61.2 months
- Equivalent additional points
- 1
If you sell or refinance before the payback date, payment savings may not recover the additional upfront cost.
Compare same-day quotes with the same loan amount, term, and lock duration. Additional cost means the difference between the offers, not all closing costs. Simple payback ignores taxes, opportunity cost, and principal-reduction differences. Inputs are calculated in your browser and are not submitted to a lender. “Save my inputs” stores them on this device.