* These calculations are only estimates and should not be used to determine actual loan costs. Please consult your tax advisor for information on the deductibility of interest for tax purpose. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.
Time To Recover Cost Of Points
Calculator Results:
2 Year(s)
9 Month(s) Time To Recover
9 Month(s) Time To Recover
Check Local Mortgage Rates
Today's Average
0.00%
- Monthly Payment without Points $1,498.88
- Monthly Payment with Points $1,342.05
- Monthly Savings from Points $156.83
- Cost of Points $5,000.00
- Savings Rate of Return 2.000%
- Monthly Income from Investment $8.33
- Effective Monthly Savings $148.50
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Product Disclaimers and Sourcing
Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater if taxes and insurance are included. Click here for more information on rates and product details. CA Bur. of Real Estate, Lic. #01937608.