# Mortgage Discount Points Calculator — United States

> Compare points using both monthly payments and the mortgage balance still owed at the planned exit date. USD planning view; stated limitations apply.

Page: https://askcalculators.com/us/mortgage-points/
Definition: https://askcalculators.com/us/mortgage-points/definition.json
JSON Schema: https://askcalculators.com/us/mortgage-points/schema.json
Version: 20.16.0
Maintained by: AskCalculators (software project; not a credentialed reviewer)
Qualified review: pending. Automated checks do not establish professional approval.
Page status: Live
Review status: Pending

## Use
Open the calculator page and enter values. Query-string parameters can restore and bookmark a calculation.
Example: https://askcalculators.com/us/mortgage-points/?principal=300000&rateWithout=6.5&rateWith=6.25&points=1&extraFees=0&termMonths=360&holdingMonths=84

## Inputs
- principal: Mortgage principal; type=money; required; default=300000; min=0; max=1000000000000
- rateWithout: Annual nominal rate without points; type=percent; required; default=6.5; min=0; max=100
- rateWith: Annual nominal rate with points; type=percent; required; default=6.25; min=0; max=100
- points: Points as a percentage of principal; type=percent; required; default=1; min=0; max=20
- extraFees: Other incremental up-front fees; type=money; required; default=0; min=0; max=1000000000000
- termMonths: Loan term, months; type=number; required; default=360; min=1; max=1200
- holdingMonths: Expected months before sale/refinance; type=number; required; default=84; min=0; max=1200

## Outputs
- pointsCost: Incremental up-front cost; format=currency
- paymentWithout: Payment without points; format=currency
- paymentWith: Payment with points; format=currency
- monthlySaving: Monthly payment saving; format=currency
- breakEven: Simple payment break-even, months; format=number
- horizonSaving: Cash plus balance saving at exit horizon; format=currency; primary

## Formula
exit-horizon benefit = payment savings to exit + difference in remaining balances − incremental up-front cost.

Inputs are converted to canonical units before evaluating this stated formula.

## Rules
- Empty optional inputs are undefined, not zero.
- Hidden conditional inputs are ignored.
- Do not invent missing required inputs.

Notice: Illustrative defaults are not local quotes or verified legal rules. Dated reference components and user-entered assumptions are explicitly distinguished. Professional review is pending.