50 views Home Information Home price? $ Down payment? $ Annual property tax? $ Annual home insurance? $ Loan Information Loan term (years)? Interest rate? % Discount points? Printer-friendly version Original Rate Total Monthly Payment Principal & Interest Taxes & Insurance With Discount Points Total Monthly Payment Principal & Interest Taxes & Insurance Discount Points Summary Discounted Rate Cost of Points Monthly Savings Discount Points Breakeven Chart Table Total Cost of Loan Loan Costs Original Rate With Discount Points Total Interest Total Principal Total Cost of Loan Submit You can purchase discount points to lower the interest rate on your mortgage. Use this calculator to determine how long it will take to break even on your discount point purchase. If you plan to be in your home after the breakeven point, it may be worth the upfront cost to save you money in the long run.