Mortgage Points Amortization

Mortgage points calculator

Loan amount $168,000

Default rate 7.10%

Buydown rate 6.625%

Cost of points $2,940

Planned payoff (mo.) 36 mo.

Default payment

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Buydown payment

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Monthly savings

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Break-even

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Savings at payoff

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Net gain / loss

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Cumulative savings vs. cost of points over time

Cumulative savings Cost of points