Ways to use Mortgage points calculator

Ways to use Mortgage points calculator

To get an idea, use this mortgage points calculator.

Based on the information you enter, our mortgage points calculator generates personalized results. However, it makes some significant assumptions about mortgage insurance and other costs. It will assist you in determining whether you should purchase mortgage points.

Paying more points will cost you $4,000 more than paying less points over 7 years.

Less points
More points
Principal and interest$1,043$1,043
Private mortgage insurance (PMI)$0$0
Property taxes and insurance$354$354
Total initial payment$1,397$1,397

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