5.0 · 624 reviews · Jim Blackburn · NMLS #1072866
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Comparison · Points Only

Compare 3 Rate/Payments (Points Only)

Enter your rates and the price of each rate — lowest, middle road, and highest — to compare monthly payments, your breakeven point, and total savings.

Built by Jim Blackburn · NMLS #1072866 · $500M+ closed · 7× Scotsman Guide Top Producer

Shared

$

10 yr = 120 · 15 yr = 180 · 30 yr = 360.

Strategy A — Lowest Rate

%
$

Strategy B — Middle Road

%
$

Strategy C — Lowest Cost Rate

%
$

Negative = lender credit.

Results

Strategy A — Lowest Rate

Rate5.375%
P&I Payment$1,960
Discount Points$14,000

Strategy B — Middle Road

Rate6.990%
P&I Payment$2,326
Discount Points$3,500

Strategy C — Lowest Cost Rate

Rate8.125%
P&I Payment$2,599
Discount Points-$5,000

Breakeven Analysis

Monthly Savings (A vs C)$639
Annual Savings (A vs C)$7,666
Difference In Upfront Investment$19,000
Years To Breakeven2.5Years to recover the upfront points investment.

Future Savings

Years To Save27.5Years of savings remaining after breakeven.
Estimated Savings For Remaining Term$210,986Pure cashflow over the remaining loan term after breakeven.
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Estimates only — not a commitment to lend.

Professional Recommendation

If you think you'll keep this loan past the breakeven years before selling, paying off, or refinancing — and you can comfortably come up with the cash to close — then Strategy A is your best choice.

If you're more likely to pay off, refinance, or sell before the breakeven period, then Strategy C is your best choice.

If you're uncertain and caught between the two, go with Strategy B.

Jim Blackburn

By Jim Blackburn

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Important Disclaimer

This calculator is for illustrative purposes only and does not constitute financial, legal, or investment advice. Results are based on general assumptions and may not reflect actual performance or eligibility. This is not a loan estimate or approval. Please consult with a licensed mortgage advisor before making financial decisions.

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