Compare calculators
Both calculators run independently β change the inputs on either side to compare results.
Mortgage Advanced
Mortgage Points Break-Even Calculator
Determines how many months it takes for the interest savings from buying down your rate to recover the upfront cost of mortgage points. Use it when deciding whether to pay points at closing.
Fill in the required fields to see your result.
Mortgage Advanced
Mortgage Refinance Break-Even Calculator
Find the exact number of months until your monthly interest savings recover the upfront costs of refinancing. Use this whenever you receive a rate offer lower than your current mortgage rate.
Fill in the required fields to see your result.
Key differences
| Mortgage Points Break-Even Calculator | Mortgage Refinance Break-Even Calculator | |
|---|---|---|
| Category | Mortgage Advanced | Mortgage Advanced |
| Inputs required | 4 | 4 |
| Result | Break-Even Period (months) | Break-Even Time (months) |
| What it does | Determines how many months it takes for the interest savings from buying down your rate to recover the upfront cost of mortgage points. Use it when deciding whether to pay points at closing. | Find the exact number of months until your monthly interest savings recover the upfront costs of refinancing. Use this whenever you receive a rate offer lower than your current mortgage rate. |