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Mortgage points calculator

Compute the upfront cost of mortgage discount points on a loan.

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Need Points cost? The Mortgage points calculator derives it from Loan amount, Discount points in one step. For instance, with Loan amount = $300,000.00 and Discount points = 1.5 it returns Points cost = $4,500.00.

How to use it

  1. Enter your values: Loan amount, Discount points.
  2. Read the result instantly: Points cost.

Frequently asked questions

What does the Mortgage points calculator actually compute?

It takes Loan amount and Discount points and derives Points cost from them. The calculation is live as you type, so the result updates on every change.

What information do I need to provide?

2 values: Loan amount ($) and Discount points. Nothing else is required — no account, no file upload.

Can you show a worked example?

With Loan amount = $300,000.00 and Discount points = 1.5, the calculator returns Points cost = $4,500.00. Those figures come from running this exact tool, so you can reproduce them by entering the same values.

What happens if I enter larger values?

It moves a lot. Using Loan amount = $600,000.00 and Discount points = 1.7 instead, Points cost goes from $4,500.00 to $10,200.00 — which is why it is worth testing a few scenarios rather than trusting a single figure.

What does it give for smaller values?

Scaled down to Loan amount = $150,000.00 and Discount points = 1.4, Points cost comes out at $2,100.00. The relationship is worth checking at both ends before you rely on a single result.

When would I actually use this?

Before making an offer: what the bank will lend, what the purchase costs on top of the price, and how much deposit closes the gap.

What is the most common mistake?

Budgeting for the price and forgetting the acquisition costs. Notary fees, transfer duty and registration add between 2% and 15% depending on the country — enough to sink an offer.

How accurate is it, and what are the limits?

Estimate only — not financial advice.

What is the difference between the Mortgage points calculator and the ARM mortgage calculator?

This one returns Points cost; the ARM mortgage calculator returns Initial payment and Max payment after 1st adjustment. That is the whole difference — open the one whose figure you need.

Is there a tool for the next step?

PMI calculator (private mortgage insurance) is the closest one after this: Private mortgage insurance is charged when you put down less than 20%. From the price, down payment, term and rate the calculator finds your loan-to-value, estimates the annual PMI rate (or uses yours), and shows the monthly PMI, when it should drop off at 78% LTV, and the total PMI you'll pay until then.

Further reading

All guides →
ExplainerMortgage Points: When Buying Down the Rate Actually PaysOne point on a $300,000 loan costs $3,000 and saves $47.93 a month. The naive break-even is 63 months; discounted at 4 percent it is 71. And the number that decides it is not either of those — it is how long you keep the loan.ExplainerHome Equity Is Not One NumberValue minus debt gives $139,167. After the costs of selling it is $111,867. What a lender will actually let you borrow against it is $55,167. Same house, same day, three answers — and the third is the one that governs.ExplainerAdjustable-Rate Mortgages and the Caps That Bound ThemA 5.00 percent start with 2/2/5 caps can legally reach 10.00 percent and a payment of $2,484.14 — 54.3 percent above where it began. That worst case is computable before you sign, and it is the only number that should decide the choice.ExplainerInterest-Only Mortgages: What You Are DeferringTen interest-only years on a $300,000 loan at 6 percent cost $180,000 and repay nothing. When amortisation starts the payment jumps from $1,500.00 to $2,149.29 — 43.3 percent overnight — and the loan ends up $48,315.79 dearer than the repayment version.ComparisonOverpay the Mortgage or Invest the Difference: the Tax That Decides ItOverpaying earns exactly your mortgage rate, certainly and untaxed. An investment must therefore beat that rate divided by one minus the tax on its return — which at a 3.2 % mortgage means 4.57 % in a French ordinary account and 3.20 % inside the German savings allowance, before any reward for taking risk.GuideWhen Refinancing a Mortgage Actually Pays: France, Germany, ItalyThe rule of thumb everyone repeats — one point of rate gap — is not a rule and gets the timing wrong. What decides it is how much interest you have not yet paid, and the three countries answer the cost side in three completely different ways. Here is the arithmetic, computed.