Mortgage Points Calculator
Mortgage Points: a planned Super Calculator tool. Covers loan amount (currency). Stub page: the tool, its formula and a worked example are not published yet.
Mortgage Points Calculator is a planned calculator in the real estate section of Super Calculator, covering mortgage core.
What this calculator will compute
Inputs: loan amount (currency), base rate (%), points purchased, rate reduction per point (%), term (years), expected holding period (years) and discount rate (%).
Outputs: upfront cost (currency), monthly saving (currency), simple break-even (months), discounted break-even (months) and net present value of buying points (currency).
Formula, recorded as scope and not yet verified against a primary source: Cost of points = loan amount * points%, and the break-even month = cost of points / monthly payment saving. The correct comparison discounts the saving stream at the borrower’s alternative return rather than using the undiscounted ratio, because the payment saving arrives over decades.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.