Mortgage Discount Points Calculator

Would paying discount points be good for you? Discount points are fees paid to a lender at closing in order to lower your mortgage interest rate. While buying points is sometimes a good decision, many times the purchase costs you more than it saves. Will buying discount points on your mortgage help or hurt you situation? Complete the form below to find out.

Input Information
Original Interest Rate: %
Interest Rate with Discount Points: %
Discount Points:
Total Home Mortgage Amount: $
Term of the Loan: years

These calculators are for comparison and informational purposes only, and do NOT represent a loan commitment, loan application, or any such guarantee of financing, mortgage rates, or mortgage payments. Any schedule or result can change due to daily fluctuations in interest rates, tax laws, and or fees and schedules that vary by area. For actual current rates, or to submit a loan application, please contact us. We can help you set an appointment with a loan officer.

Contact the Market Hill Homes team at (877) 686-9755.