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Mortgage Points Calculator

Mortgage Points Calculator excel to calculate the differences in mortgage payments between buying and not buying mortgage points. Should I buy mortgage points? Use the mortgage discount point calculator to find out how much you can save with points and how long it takes to break even.

Mortgage Points Break Even Calculator

Mortgage Amount
$
Interest Rate
Loan Terms
years
# of Points
Interest Rate with Points
Cost of Mortgage Points $9,000.00
Break Even Point:
63 months
Break Even Year:
5.3 years


Discount Point Calculator

Monthly Payment Without Points:
$1,847.15
Monthly Payment With Points:
$1,703.37
Payoff Date:
Feb, 2054
Discount points cost:
$9,000.00
Interest Savings:
$51,762.46
Total Savings:
$42,762.46
Break Even Point:
63 months
Break Even Year:
5.3 years

Amortization Schedule Without Mortgage Points

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Mar, 2024 1 $1,562.50 $284.65 $1,847.15 $299,715.35
Apr, 2024 2 $1,561.02 $286.13 $1,847.15 $299,429.21
May, 2024 3 $1,559.53 $287.62 $1,847.15 $299,141.59
Jun, 2024 4 $1,558.03 $289.12 $1,847.15 $298,852.47
Jul, 2024 5 $1,556.52 $290.63 $1,847.15 $298,561.84
Aug, 2024 6 $1,555.01 $292.14 $1,847.15 $298,269.70
Sep, 2024 7 $1,553.49 $293.66 $1,847.15 $297,976.03
Oct, 2024 8 $1,551.96 $295.19 $1,847.15 $297,680.84
Nov, 2024 9 $1,550.42 $296.73 $1,847.15 $297,384.11
Dec, 2024 10 $1,548.88 $298.28 $1,847.15 $297,085.83
Jan, 2025 11 $1,547.32 $299.83 $1,847.15 $296,786.00
Feb, 2025 12 $1,545.76 $301.39 $1,847.15 $296,484.61
Mar, 2025 13 $1,544.19 $302.96 $1,847.15 $296,181.65
Apr, 2025 14 $1,542.61 $304.54 $1,847.15 $295,877.11
May, 2025 15 $1,541.03 $306.12 $1,847.15 $295,570.99
Jun, 2025 16 $1,539.43 $307.72 $1,847.15 $295,263.27
Jul, 2025 17 $1,537.83 $309.32 $1,847.15 $294,953.95
Aug, 2025 18 $1,536.22 $310.93 $1,847.15 $294,643.01
Sep, 2025 19 $1,534.60 $312.55 $1,847.15 $294,330.46
Oct, 2025 20 $1,532.97 $314.18 $1,847.15 $294,016.28
Nov, 2025 21 $1,531.33 $315.82 $1,847.15 $293,700.46
Dec, 2025 22 $1,529.69 $317.46 $1,847.15 $293,383.00
Jan, 2026 23 $1,528.04 $319.12 $1,847.15 $293,063.89
Feb, 2026 24 $1,526.37 $320.78 $1,847.15 $292,743.11
Mar, 2026 25 $1,524.70 $322.45 $1,847.15 $292,420.66
Apr, 2026 26 $1,523.02 $324.13 $1,847.15 $292,096.53
May, 2026 27 $1,521.34 $325.82 $1,847.15 $291,770.72
Jun, 2026 28 $1,519.64 $327.51 $1,847.15 $291,443.21
Jul, 2026 29 $1,517.93 $329.22 $1,847.15 $291,113.99
Aug, 2026 30 $1,516.22 $330.93 $1,847.15 $290,783.06
Sep, 2026 31 $1,514.50 $332.66 $1,847.15 $290,450.40
Oct, 2026 32 $1,512.76 $334.39 $1,847.15 $290,116.01
Nov, 2026 33 $1,511.02 $336.13 $1,847.15 $289,779.88
Dec, 2026 34 $1,509.27 $337.88 $1,847.15 $289,442.00
Jan, 2027 35 $1,507.51 $339.64 $1,847.15 $289,102.36
Feb, 2027 36 $1,505.74 $341.41 $1,847.15 $288,760.95
Mar, 2027 37 $1,503.96 $343.19 $1,847.15 $288,417.76
Apr, 2027 38 $1,502.18 $344.98 $1,847.15 $288,072.78
May, 2027 39 $1,500.38 $346.77 $1,847.15 $287,726.01
Jun, 2027 40 $1,498.57 $348.58 $1,847.15 $287,377.43
Jul, 2027 41 $1,496.76 $350.39 $1,847.15 $287,027.04
Aug, 2027 42 $1,494.93 $352.22 $1,847.15 $286,674.82
Sep, 2027 43 $1,493.10 $354.05 $1,847.15 $286,320.76
Oct, 2027 44 $1,491.25 $355.90 $1,847.15 $285,964.87
Nov, 2027 45 $1,489.40 $357.75 $1,847.15 $285,607.12
Dec, 2027 46 $1,487.54 $359.61 $1,847.15 $285,247.50
Jan, 2028 47 $1,485.66 $361.49 $1,847.15 $284,886.01
Feb, 2028 48 $1,483.78 $363.37 $1,847.15 $284,522.64
Mar, 2028 49 $1,481.89 $365.26 $1,847.15 $284,157.38
Apr, 2028 50 $1,479.99 $367.17 $1,847.15 $283,790.22
May, 2028 51 $1,478.07 $369.08 $1,847.15 $283,421.14
Jun, 2028 52 $1,476.15 $371.00 $1,847.15 $283,050.14
Jul, 2028 53 $1,474.22 $372.93 $1,847.15 $282,677.21
Aug, 2028 54 $1,472.28 $374.87 $1,847.15 $282,302.33
Sep, 2028 55 $1,470.32 $376.83 $1,847.15 $281,925.50
Oct, 2028 56 $1,468.36 $378.79 $1,847.15 $281,546.71
Nov, 2028 57 $1,466.39 $380.76 $1,847.15 $281,165.95
Dec, 2028 58 $1,464.41 $382.75 $1,847.15 $280,783.21
Jan, 2029 59 $1,462.41 $384.74 $1,847.15 $280,398.47
Feb, 2029 60 $1,460.41 $386.74 $1,847.15 $280,011.72
Mar, 2029 61 $1,458.39 $388.76 $1,847.15 $279,622.97
Apr, 2029 62 $1,456.37 $390.78 $1,847.15 $279,232.19
May, 2029 63 $1,454.33 $392.82 $1,847.15 $278,839.37
Jun, 2029 64 $1,452.29 $394.86 $1,847.15 $278,444.50
Jul, 2029 65 $1,450.23 $396.92 $1,847.15 $278,047.58
Aug, 2029 66 $1,448.16 $398.99 $1,847.15 $277,648.60
Sep, 2029 67 $1,446.09 $401.07 $1,847.15 $277,247.53
Oct, 2029 68 $1,444.00 $403.15 $1,847.15 $276,844.38
Nov, 2029 69 $1,441.90 $405.25 $1,847.15 $276,439.12
Dec, 2029 70 $1,439.79 $407.36 $1,847.15 $276,031.76
Jan, 2030 71 $1,437.67 $409.49 $1,847.15 $275,622.27
Feb, 2030 72 $1,435.53 $411.62 $1,847.15 $275,210.66
Mar, 2030 73 $1,433.39 $413.76 $1,847.15 $274,796.89
Apr, 2030 74 $1,431.23 $415.92 $1,847.15 $274,380.97
May, 2030 75 $1,429.07 $418.08 $1,847.15 $273,962.89
Jun, 2030 76 $1,426.89 $420.26 $1,847.15 $273,542.63
Jul, 2030 77 $1,424.70 $422.45 $1,847.15 $273,120.18
Aug, 2030 78 $1,422.50 $424.65 $1,847.15 $272,695.53
Sep, 2030 79 $1,420.29 $426.86 $1,847.15 $272,268.67
Oct, 2030 80 $1,418.07 $429.09 $1,847.15 $271,839.58
Nov, 2030 81 $1,415.83 $431.32 $1,847.15 $271,408.26
Dec, 2030 82 $1,413.58 $433.57 $1,847.15 $270,974.69
Jan, 2031 83 $1,411.33 $435.83 $1,847.15 $270,538.87
Feb, 2031 84 $1,409.06 $438.09 $1,847.15 $270,100.77
Mar, 2031 85 $1,406.77 $440.38 $1,847.15 $269,660.40
Apr, 2031 86 $1,404.48 $442.67 $1,847.15 $269,217.73
May, 2031 87 $1,402.18 $444.98 $1,847.15 $268,772.75
Jun, 2031 88 $1,399.86 $447.29 $1,847.15 $268,325.46
Jul, 2031 89 $1,397.53 $449.62 $1,847.15 $267,875.83
Aug, 2031 90 $1,395.19 $451.96 $1,847.15 $267,423.87
Sep, 2031 91 $1,392.83 $454.32 $1,847.15 $266,969.55
Oct, 2031 92 $1,390.47 $456.69 $1,847.15 $266,512.86
Nov, 2031 93 $1,388.09 $459.06 $1,847.15 $266,053.80
Dec, 2031 94 $1,385.70 $461.45 $1,847.15 $265,592.35
Jan, 2032 95 $1,383.29 $463.86 $1,847.15 $265,128.49
Feb, 2032 96 $1,380.88 $466.27 $1,847.15 $264,662.21
Mar, 2032 97 $1,378.45 $468.70 $1,847.15 $264,193.51
Apr, 2032 98 $1,376.01 $471.14 $1,847.15 $263,722.37
May, 2032 99 $1,373.55 $473.60 $1,847.15 $263,248.77
Jun, 2032 100 $1,371.09 $476.06 $1,847.15 $262,772.70
Jul, 2032 101 $1,368.61 $478.54 $1,847.15 $262,294.16
Aug, 2032 102 $1,366.12 $481.04 $1,847.15 $261,813.12
Sep, 2032 103 $1,363.61 $483.54 $1,847.15 $261,329.58
Oct, 2032 104 $1,361.09 $486.06 $1,847.15 $260,843.52
Nov, 2032 105 $1,358.56 $488.59 $1,847.15 $260,354.93
Dec, 2032 106 $1,356.02 $491.14 $1,847.15 $259,863.80
Jan, 2033 107 $1,353.46 $493.69 $1,847.15 $259,370.10
Feb, 2033 108 $1,350.89 $496.27 $1,847.15 $258,873.84
Mar, 2033 109 $1,348.30 $498.85 $1,847.15 $258,374.98
Apr, 2033 110 $1,345.70 $501.45 $1,847.15 $257,873.54
May, 2033 111 $1,343.09 $504.06 $1,847.15 $257,369.48
Jun, 2033 112 $1,340.47 $506.69 $1,847.15 $256,862.79
Jul, 2033 113 $1,337.83 $509.32 $1,847.15 $256,353.47
Aug, 2033 114 $1,335.17 $511.98 $1,847.15 $255,841.49
Sep, 2033 115 $1,332.51 $514.64 $1,847.15 $255,326.84
Oct, 2033 116 $1,329.83 $517.32 $1,847.15 $254,809.52
Nov, 2033 117 $1,327.13 $520.02 $1,847.15 $254,289.50
Dec, 2033 118 $1,324.42 $522.73 $1,847.15 $253,766.77
Jan, 2034 119 $1,321.70 $525.45 $1,847.15 $253,241.32
Feb, 2034 120 $1,318.97 $528.19 $1,847.15 $252,713.14
Mar, 2034 121 $1,316.21 $530.94 $1,847.15 $252,182.20
Apr, 2034 122 $1,313.45 $533.70 $1,847.15 $251,648.50
May, 2034 123 $1,310.67 $536.48 $1,847.15 $251,112.02
Jun, 2034 124 $1,307.88 $539.28 $1,847.15 $250,572.74
Jul, 2034 125 $1,305.07 $542.09 $1,847.15 $250,030.65
Aug, 2034 126 $1,302.24 $544.91 $1,847.15 $249,485.75
Sep, 2034 127 $1,299.40 $547.75 $1,847.15 $248,938.00
Oct, 2034 128 $1,296.55 $550.60 $1,847.15 $248,387.40
Nov, 2034 129 $1,293.68 $553.47 $1,847.15 $247,833.93
Dec, 2034 130 $1,290.80 $556.35 $1,847.15 $247,277.58
Jan, 2035 131 $1,287.90 $559.25 $1,847.15 $246,718.34
Feb, 2035 132 $1,284.99 $562.16 $1,847.15 $246,156.17
Mar, 2035 133 $1,282.06 $565.09 $1,847.15 $245,591.09
Apr, 2035 134 $1,279.12 $568.03 $1,847.15 $245,023.06
May, 2035 135 $1,276.16 $570.99 $1,847.15 $244,452.07
Jun, 2035 136 $1,273.19 $573.96 $1,847.15 $243,878.10
Jul, 2035 137 $1,270.20 $576.95 $1,847.15 $243,301.15
Aug, 2035 138 $1,267.19 $579.96 $1,847.15 $242,721.19
Sep, 2035 139 $1,264.17 $582.98 $1,847.15 $242,138.21
Oct, 2035 140 $1,261.14 $586.02 $1,847.15 $241,552.20
Nov, 2035 141 $1,258.08 $589.07 $1,847.15 $240,963.13
Dec, 2035 142 $1,255.02 $592.14 $1,847.15 $240,370.99
Jan, 2036 143 $1,251.93 $595.22 $1,847.15 $239,775.77
Feb, 2036 144 $1,248.83 $598.32 $1,847.15 $239,177.46
Mar, 2036 145 $1,245.72 $601.44 $1,847.15 $238,576.02
Apr, 2036 146 $1,242.58 $604.57 $1,847.15 $237,971.45
May, 2036 147 $1,239.43 $607.72 $1,847.15 $237,363.73
Jun, 2036 148 $1,236.27 $610.88 $1,847.15 $236,752.85
Jul, 2036 149 $1,233.09 $614.06 $1,847.15 $236,138.79
Aug, 2036 150 $1,229.89 $617.26 $1,847.15 $235,521.53
Sep, 2036 151 $1,226.67 $620.48 $1,847.15 $234,901.05
Oct, 2036 152 $1,223.44 $623.71 $1,847.15 $234,277.34
Nov, 2036 153 $1,220.19 $626.96 $1,847.15 $233,650.38
Dec, 2036 154 $1,216.93 $630.22 $1,847.15 $233,020.16
Jan, 2037 155 $1,213.65 $633.50 $1,847.15 $232,386.66
Feb, 2037 156 $1,210.35 $636.80 $1,847.15 $231,749.85
Mar, 2037 157 $1,207.03 $640.12 $1,847.15 $231,109.73
Apr, 2037 158 $1,203.70 $643.46 $1,847.15 $230,466.28
May, 2037 159 $1,200.35 $646.81 $1,847.15 $229,819.47
Jun, 2037 160 $1,196.98 $650.18 $1,847.15 $229,169.29
Jul, 2037 161 $1,193.59 $653.56 $1,847.15 $228,515.73
Aug, 2037 162 $1,190.19 $656.97 $1,847.15 $227,858.77
Sep, 2037 163 $1,186.76 $660.39 $1,847.15 $227,198.38
Oct, 2037 164 $1,183.32 $663.83 $1,847.15 $226,534.55
Nov, 2037 165 $1,179.87 $667.28 $1,847.15 $225,867.27
Dec, 2037 166 $1,176.39 $670.76 $1,847.15 $225,196.51
Jan, 2038 167 $1,172.90 $674.25 $1,847.15 $224,522.26
Feb, 2038 168 $1,169.39 $677.76 $1,847.15 $223,844.49
Mar, 2038 169 $1,165.86 $681.29 $1,847.15 $223,163.20
Apr, 2038 170 $1,162.31 $684.84 $1,847.15 $222,478.35
May, 2038 171 $1,158.74 $688.41 $1,847.15 $221,789.94
Jun, 2038 172 $1,155.16 $692.00 $1,847.15 $221,097.95
Jul, 2038 173 $1,151.55 $695.60 $1,847.15 $220,402.35
Aug, 2038 174 $1,147.93 $699.22 $1,847.15 $219,703.12
Sep, 2038 175 $1,144.29 $702.86 $1,847.15 $219,000.26
Oct, 2038 176 $1,140.63 $706.53 $1,847.15 $218,293.74
Nov, 2038 177 $1,136.95 $710.21 $1,847.15 $217,583.53
Dec, 2038 178 $1,133.25 $713.90 $1,847.15 $216,869.63
Jan, 2039 179 $1,129.53 $717.62 $1,847.15 $216,152.00
Feb, 2039 180 $1,125.79 $721.36 $1,847.15 $215,430.64
Mar, 2039 181 $1,122.03 $725.12 $1,847.15 $214,705.53
Apr, 2039 182 $1,118.26 $728.89 $1,847.15 $213,976.63
May, 2039 183 $1,114.46 $732.69 $1,847.15 $213,243.94
Jun, 2039 184 $1,110.65 $736.51 $1,847.15 $212,507.44
Jul, 2039 185 $1,106.81 $740.34 $1,847.15 $211,767.10
Aug, 2039 186 $1,102.95 $744.20 $1,847.15 $211,022.90
Sep, 2039 187 $1,099.08 $748.07 $1,847.15 $210,274.82
Oct, 2039 188 $1,095.18 $751.97 $1,847.15 $209,522.85
Nov, 2039 189 $1,091.26 $755.89 $1,847.15 $208,766.97
Dec, 2039 190 $1,087.33 $759.82 $1,847.15 $208,007.14
Jan, 2040 191 $1,083.37 $763.78 $1,847.15 $207,243.36
Feb, 2040 192 $1,079.39 $767.76 $1,847.15 $206,475.60
Mar, 2040 193 $1,075.39 $771.76 $1,847.15 $205,703.84
Apr, 2040 194 $1,071.37 $775.78 $1,847.15 $204,928.07
May, 2040 195 $1,067.33 $779.82 $1,847.15 $204,148.25
Jun, 2040 196 $1,063.27 $783.88 $1,847.15 $203,364.37
Jul, 2040 197 $1,059.19 $787.96 $1,847.15 $202,576.41
Aug, 2040 198 $1,055.09 $792.07 $1,847.15 $201,784.34
Sep, 2040 199 $1,050.96 $796.19 $1,847.15 $200,988.15
Oct, 2040 200 $1,046.81 $800.34 $1,847.15 $200,187.81
Nov, 2040 201 $1,042.64 $804.51 $1,847.15 $199,383.30
Dec, 2040 202 $1,038.45 $808.70 $1,847.15 $198,574.61
Jan, 2041 203 $1,034.24 $812.91 $1,847.15 $197,761.70
Feb, 2041 204 $1,030.01 $817.14 $1,847.15 $196,944.56
Mar, 2041 205 $1,025.75 $821.40 $1,847.15 $196,123.16
Apr, 2041 206 $1,021.47 $825.68 $1,847.15 $195,297.48
May, 2041 207 $1,017.17 $829.98 $1,847.15 $194,467.50
Jun, 2041 208 $1,012.85 $834.30 $1,847.15 $193,633.20
Jul, 2041 209 $1,008.51 $838.65 $1,847.15 $192,794.56
Aug, 2041 210 $1,004.14 $843.01 $1,847.15 $191,951.54
Sep, 2041 211 $999.75 $847.40 $1,847.15 $191,104.14
Oct, 2041 212 $995.33 $851.82 $1,847.15 $190,252.32
Nov, 2041 213 $990.90 $856.25 $1,847.15 $189,396.07
Dec, 2041 214 $986.44 $860.71 $1,847.15 $188,535.36
Jan, 2042 215 $981.95 $865.20 $1,847.15 $187,670.16
Feb, 2042 216 $977.45 $869.70 $1,847.15 $186,800.46
Mar, 2042 217 $972.92 $874.23 $1,847.15 $185,926.22
Apr, 2042 218 $968.37 $878.79 $1,847.15 $185,047.44
May, 2042 219 $963.79 $883.36 $1,847.15 $184,164.07
Jun, 2042 220 $959.19 $887.96 $1,847.15 $183,276.11
Jul, 2042 221 $954.56 $892.59 $1,847.15 $182,383.52
Aug, 2042 222 $949.91 $897.24 $1,847.15 $181,486.29
Sep, 2042 223 $945.24 $901.91 $1,847.15 $180,584.37
Oct, 2042 224 $940.54 $906.61 $1,847.15 $179,677.77
Nov, 2042 225 $935.82 $911.33 $1,847.15 $178,766.44
Dec, 2042 226 $931.08 $916.08 $1,847.15 $177,850.36
Jan, 2043 227 $926.30 $920.85 $1,847.15 $176,929.51
Feb, 2043 228 $921.51 $925.64 $1,847.15 $176,003.87
Mar, 2043 229 $916.69 $930.46 $1,847.15 $175,073.40
Apr, 2043 230 $911.84 $935.31 $1,847.15 $174,138.09
May, 2043 231 $906.97 $940.18 $1,847.15 $173,197.91
Jun, 2043 232 $902.07 $945.08 $1,847.15 $172,252.83
Jul, 2043 233 $897.15 $950.00 $1,847.15 $171,302.83
Aug, 2043 234 $892.20 $954.95 $1,847.15 $170,347.88
Sep, 2043 235 $887.23 $959.92 $1,847.15 $169,387.96
Oct, 2043 236 $882.23 $964.92 $1,847.15 $168,423.04
Nov, 2043 237 $877.20 $969.95 $1,847.15 $167,453.09
Dec, 2043 238 $872.15 $975.00 $1,847.15 $166,478.09
Jan, 2044 239 $867.07 $980.08 $1,847.15 $165,498.01
Feb, 2044 240 $861.97 $985.18 $1,847.15 $164,512.83
Mar, 2044 241 $856.84 $990.31 $1,847.15 $163,522.51
Apr, 2044 242 $851.68 $995.47 $1,847.15 $162,527.04
May, 2044 243 $846.49 $1,000.66 $1,847.15 $161,526.38
Jun, 2044 244 $841.28 $1,005.87 $1,847.15 $160,520.51
Jul, 2044 245 $836.04 $1,011.11 $1,847.15 $159,509.41
Aug, 2044 246 $830.78 $1,016.37 $1,847.15 $158,493.03
Sep, 2044 247 $825.48 $1,021.67 $1,847.15 $157,471.37
Oct, 2044 248 $820.16 $1,026.99 $1,847.15 $156,444.38
Nov, 2044 249 $814.81 $1,032.34 $1,847.15 $155,412.04
Dec, 2044 250 $809.44 $1,037.71 $1,847.15 $154,374.33
Jan, 2045 251 $804.03 $1,043.12 $1,847.15 $153,331.21
Feb, 2045 252 $798.60 $1,048.55 $1,847.15 $152,282.66
Mar, 2045 253 $793.14 $1,054.01 $1,847.15 $151,228.65
Apr, 2045 254 $787.65 $1,059.50 $1,847.15 $150,169.14
May, 2045 255 $782.13 $1,065.02 $1,847.15 $149,104.12
Jun, 2045 256 $776.58 $1,070.57 $1,847.15 $148,033.55
Jul, 2045 257 $771.01 $1,076.14 $1,847.15 $146,957.41
Aug, 2045 258 $765.40 $1,081.75 $1,847.15 $145,875.66
Sep, 2045 259 $759.77 $1,087.38 $1,847.15 $144,788.28
Oct, 2045 260 $754.11 $1,093.05 $1,847.15 $143,695.23
Nov, 2045 261 $748.41 $1,098.74 $1,847.15 $142,596.50
Dec, 2045 262 $742.69 $1,104.46 $1,847.15 $141,492.03
Jan, 2046 263 $736.94 $1,110.21 $1,847.15 $140,381.82
Feb, 2046 264 $731.16 $1,116.00 $1,847.15 $139,265.82
Mar, 2046 265 $725.34 $1,121.81 $1,847.15 $138,144.01
Apr, 2046 266 $719.50 $1,127.65 $1,847.15 $137,016.36
May, 2046 267 $713.63 $1,133.52 $1,847.15 $135,882.84
Jun, 2046 268 $707.72 $1,139.43 $1,847.15 $134,743.41
Jul, 2046 269 $701.79 $1,145.36 $1,847.15 $133,598.05
Aug, 2046 270 $695.82 $1,151.33 $1,847.15 $132,446.72
Sep, 2046 271 $689.83 $1,157.32 $1,847.15 $131,289.39
Oct, 2046 272 $683.80 $1,163.35 $1,847.15 $130,126.04
Nov, 2046 273 $677.74 $1,169.41 $1,847.15 $128,956.63
Dec, 2046 274 $671.65 $1,175.50 $1,847.15 $127,781.13
Jan, 2047 275 $665.53 $1,181.62 $1,847.15 $126,599.50
Feb, 2047 276 $659.37 $1,187.78 $1,847.15 $125,411.72
Mar, 2047 277 $653.19 $1,193.97 $1,847.15 $124,217.76
Apr, 2047 278 $646.97 $1,200.18 $1,847.15 $123,017.57
May, 2047 279 $640.72 $1,206.44 $1,847.15 $121,811.14
Jun, 2047 280 $634.43 $1,212.72 $1,847.15 $120,598.42
Jul, 2047 281 $628.12 $1,219.03 $1,847.15 $119,379.38
Aug, 2047 282 $621.77 $1,225.38 $1,847.15 $118,154.00
Sep, 2047 283 $615.39 $1,231.77 $1,847.15 $116,922.23
Oct, 2047 284 $608.97 $1,238.18 $1,847.15 $115,684.05
Nov, 2047 285 $602.52 $1,244.63 $1,847.15 $114,439.42
Dec, 2047 286 $596.04 $1,251.11 $1,847.15 $113,188.31
Jan, 2048 287 $589.52 $1,257.63 $1,847.15 $111,930.68
Feb, 2048 288 $582.97 $1,264.18 $1,847.15 $110,666.50
Mar, 2048 289 $576.39 $1,270.76 $1,847.15 $109,395.74
Apr, 2048 290 $569.77 $1,277.38 $1,847.15 $108,118.35
May, 2048 291 $563.12 $1,284.04 $1,847.15 $106,834.32
Jun, 2048 292 $556.43 $1,290.72 $1,847.15 $105,543.60
Jul, 2048 293 $549.71 $1,297.45 $1,847.15 $104,246.15
Aug, 2048 294 $542.95 $1,304.20 $1,847.15 $102,941.95
Sep, 2048 295 $536.16 $1,311.00 $1,847.15 $101,630.95
Oct, 2048 296 $529.33 $1,317.82 $1,847.15 $100,313.13
Nov, 2048 297 $522.46 $1,324.69 $1,847.15 $98,988.44
Dec, 2048 298 $515.56 $1,331.59 $1,847.15 $97,656.85
Jan, 2049 299 $508.63 $1,338.52 $1,847.15 $96,318.33
Feb, 2049 300 $501.66 $1,345.49 $1,847.15 $94,972.84
Mar, 2049 301 $494.65 $1,352.50 $1,847.15 $93,620.34
Apr, 2049 302 $487.61 $1,359.55 $1,847.15 $92,260.79
May, 2049 303 $480.52 $1,366.63 $1,847.15 $90,894.17
Jun, 2049 304 $473.41 $1,373.74 $1,847.15 $89,520.42
Jul, 2049 305 $466.25 $1,380.90 $1,847.15 $88,139.52
Aug, 2049 306 $459.06 $1,388.09 $1,847.15 $86,751.43
Sep, 2049 307 $451.83 $1,395.32 $1,847.15 $85,356.11
Oct, 2049 308 $444.56 $1,402.59 $1,847.15 $83,953.52
Nov, 2049 309 $437.26 $1,409.89 $1,847.15 $82,543.63
Dec, 2049 310 $429.91 $1,417.24 $1,847.15 $81,126.39
Jan, 2050 311 $422.53 $1,424.62 $1,847.15 $79,701.77
Feb, 2050 312 $415.11 $1,432.04 $1,847.15 $78,269.73
Mar, 2050 313 $407.65 $1,439.50 $1,847.15 $76,830.24
Apr, 2050 314 $400.16 $1,446.99 $1,847.15 $75,383.24
May, 2050 315 $392.62 $1,454.53 $1,847.15 $73,928.71
Jun, 2050 316 $385.05 $1,462.11 $1,847.15 $72,466.61
Jul, 2050 317 $377.43 $1,469.72 $1,847.15 $70,996.88
Aug, 2050 318 $369.78 $1,477.38 $1,847.15 $69,519.51
Sep, 2050 319 $362.08 $1,485.07 $1,847.15 $68,034.44
Oct, 2050 320 $354.35 $1,492.81 $1,847.15 $66,541.63
Nov, 2050 321 $346.57 $1,500.58 $1,847.15 $65,041.05
Dec, 2050 322 $338.76 $1,508.40 $1,847.15 $63,532.65
Jan, 2051 323 $330.90 $1,516.25 $1,847.15 $62,016.40
Feb, 2051 324 $323.00 $1,524.15 $1,847.15 $60,492.25
Mar, 2051 325 $315.06 $1,532.09 $1,847.15 $58,960.17
Apr, 2051 326 $307.08 $1,540.07 $1,847.15 $57,420.10
May, 2051 327 $299.06 $1,548.09 $1,847.15 $55,872.01
Jun, 2051 328 $291.00 $1,556.15 $1,847.15 $54,315.86
Jul, 2051 329 $282.90 $1,564.26 $1,847.15 $52,751.60
Aug, 2051 330 $274.75 $1,572.40 $1,847.15 $51,179.20
Sep, 2051 331 $266.56 $1,580.59 $1,847.15 $49,598.60
Oct, 2051 332 $258.33 $1,588.83 $1,847.15 $48,009.78
Nov, 2051 333 $250.05 $1,597.10 $1,847.15 $46,412.68
Dec, 2051 334 $241.73 $1,605.42 $1,847.15 $44,807.26
Jan, 2052 335 $233.37 $1,613.78 $1,847.15 $43,193.48
Feb, 2052 336 $224.97 $1,622.19 $1,847.15 $41,571.29
Mar, 2052 337 $216.52 $1,630.63 $1,847.15 $39,940.66
Apr, 2052 338 $208.02 $1,639.13 $1,847.15 $38,301.53
May, 2052 339 $199.49 $1,647.66 $1,847.15 $36,653.87
Jun, 2052 340 $190.91 $1,656.25 $1,847.15 $34,997.62
Jul, 2052 341 $182.28 $1,664.87 $1,847.15 $33,332.75
Aug, 2052 342 $173.61 $1,673.54 $1,847.15 $31,659.20
Sep, 2052 343 $164.89 $1,682.26 $1,847.15 $29,976.94
Oct, 2052 344 $156.13 $1,691.02 $1,847.15 $28,285.92
Nov, 2052 345 $147.32 $1,699.83 $1,847.15 $26,586.09
Dec, 2052 346 $138.47 $1,708.68 $1,847.15 $24,877.41
Jan, 2053 347 $129.57 $1,717.58 $1,847.15 $23,159.83
Feb, 2053 348 $120.62 $1,726.53 $1,847.15 $21,433.30
Mar, 2053 349 $111.63 $1,735.52 $1,847.15 $19,697.78
Apr, 2053 350 $102.59 $1,744.56 $1,847.15 $17,953.22
May, 2053 351 $93.51 $1,753.65 $1,847.15 $16,199.58
Jun, 2053 352 $84.37 $1,762.78 $1,847.15 $14,436.80
Jul, 2053 353 $75.19 $1,771.96 $1,847.15 $12,664.84
Aug, 2053 354 $65.96 $1,781.19 $1,847.15 $10,883.65
Sep, 2053 355 $56.69 $1,790.47 $1,847.15 $9,093.18
Oct, 2053 356 $47.36 $1,799.79 $1,847.15 $7,293.39
Nov, 2053 357 $37.99 $1,809.17 $1,847.15 $5,484.23
Dec, 2053 358 $28.56 $1,818.59 $1,847.15 $3,665.64
Jan, 2054 359 $19.09 $1,828.06 $1,847.15 $1,837.58
Feb, 2054 360 $9.57 $1,837.58 $1,847.15 $0.00

Amortization Schedule With Mortgage Points

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Mar, 2024 1 $1,375.00 $328.37 $1,703.37 $299,671.63
Apr, 2024 2 $1,373.49 $329.87 $1,703.37 $299,341.76
May, 2024 3 $1,371.98 $331.38 $1,703.37 $299,010.38
Jun, 2024 4 $1,370.46 $332.90 $1,703.37 $298,677.47
Jul, 2024 5 $1,368.94 $334.43 $1,703.37 $298,343.05
Aug, 2024 6 $1,367.41 $335.96 $1,703.37 $298,007.08
Sep, 2024 7 $1,365.87 $337.50 $1,703.37 $297,669.58
Oct, 2024 8 $1,364.32 $339.05 $1,703.37 $297,330.54
Nov, 2024 9 $1,362.76 $340.60 $1,703.37 $296,989.93
Dec, 2024 10 $1,361.20 $342.16 $1,703.37 $296,647.77
Jan, 2025 11 $1,359.64 $343.73 $1,703.37 $296,304.04
Feb, 2025 12 $1,358.06 $345.31 $1,703.37 $295,958.73
Mar, 2025 13 $1,356.48 $346.89 $1,703.37 $295,611.84
Apr, 2025 14 $1,354.89 $348.48 $1,703.37 $295,263.36
May, 2025 15 $1,353.29 $350.08 $1,703.37 $294,913.29
Jun, 2025 16 $1,351.69 $351.68 $1,703.37 $294,561.61
Jul, 2025 17 $1,350.07 $353.29 $1,703.37 $294,208.31
Aug, 2025 18 $1,348.45 $354.91 $1,703.37 $293,853.40
Sep, 2025 19 $1,346.83 $356.54 $1,703.37 $293,496.86
Oct, 2025 20 $1,345.19 $358.17 $1,703.37 $293,138.69
Nov, 2025 21 $1,343.55 $359.81 $1,703.37 $292,778.87
Dec, 2025 22 $1,341.90 $361.46 $1,703.37 $292,417.41
Jan, 2026 23 $1,340.25 $363.12 $1,703.37 $292,054.29
Feb, 2026 24 $1,338.58 $364.78 $1,703.37 $291,689.50
Mar, 2026 25 $1,336.91 $366.46 $1,703.37 $291,323.05
Apr, 2026 26 $1,335.23 $368.14 $1,703.37 $290,954.91
May, 2026 27 $1,333.54 $369.82 $1,703.37 $290,585.09
Jun, 2026 28 $1,331.85 $371.52 $1,703.37 $290,213.57
Jul, 2026 29 $1,330.15 $373.22 $1,703.37 $289,840.35
Aug, 2026 30 $1,328.43 $374.93 $1,703.37 $289,465.41
Sep, 2026 31 $1,326.72 $376.65 $1,703.37 $289,088.76
Oct, 2026 32 $1,324.99 $378.38 $1,703.37 $288,710.39
Nov, 2026 33 $1,323.26 $380.11 $1,703.37 $288,330.28
Dec, 2026 34 $1,321.51 $381.85 $1,703.37 $287,948.42
Jan, 2027 35 $1,319.76 $383.60 $1,703.37 $287,564.82
Feb, 2027 36 $1,318.01 $385.36 $1,703.37 $287,179.46
Mar, 2027 37 $1,316.24 $387.13 $1,703.37 $286,792.33
Apr, 2027 38 $1,314.46 $388.90 $1,703.37 $286,403.43
May, 2027 39 $1,312.68 $390.68 $1,703.37 $286,012.74
Jun, 2027 40 $1,310.89 $392.48 $1,703.37 $285,620.27
Jul, 2027 41 $1,309.09 $394.27 $1,703.37 $285,225.99
Aug, 2027 42 $1,307.29 $396.08 $1,703.37 $284,829.91
Sep, 2027 43 $1,305.47 $397.90 $1,703.37 $284,432.02
Oct, 2027 44 $1,303.65 $399.72 $1,703.37 $284,032.30
Nov, 2027 45 $1,301.81 $401.55 $1,703.37 $283,630.74
Dec, 2027 46 $1,299.97 $403.39 $1,703.37 $283,227.35
Jan, 2028 47 $1,298.13 $405.24 $1,703.37 $282,822.11
Feb, 2028 48 $1,296.27 $407.10 $1,703.37 $282,415.01
Mar, 2028 49 $1,294.40 $408.96 $1,703.37 $282,006.05
Apr, 2028 50 $1,292.53 $410.84 $1,703.37 $281,595.21
May, 2028 51 $1,290.64 $412.72 $1,703.37 $281,182.48
Jun, 2028 52 $1,288.75 $414.61 $1,703.37 $280,767.87
Jul, 2028 53 $1,286.85 $416.51 $1,703.37 $280,351.36
Aug, 2028 54 $1,284.94 $418.42 $1,703.37 $279,932.93
Sep, 2028 55 $1,283.03 $420.34 $1,703.37 $279,512.59
Oct, 2028 56 $1,281.10 $422.27 $1,703.37 $279,090.32
Nov, 2028 57 $1,279.16 $424.20 $1,703.37 $278,666.12
Dec, 2028 58 $1,277.22 $426.15 $1,703.37 $278,239.97
Jan, 2029 59 $1,275.27 $428.10 $1,703.37 $277,811.87
Feb, 2029 60 $1,273.30 $430.06 $1,703.37 $277,381.81
Mar, 2029 61 $1,271.33 $432.03 $1,703.37 $276,949.78
Apr, 2029 62 $1,269.35 $434.01 $1,703.37 $276,515.76
May, 2029 63 $1,267.36 $436.00 $1,703.37 $276,079.76
Jun, 2029 64 $1,265.37 $438.00 $1,703.37 $275,641.76
Jul, 2029 65 $1,263.36 $440.01 $1,703.37 $275,201.75
Aug, 2029 66 $1,261.34 $442.03 $1,703.37 $274,759.72
Sep, 2029 67 $1,259.32 $444.05 $1,703.37 $274,315.67
Oct, 2029 68 $1,257.28 $446.09 $1,703.37 $273,869.59
Nov, 2029 69 $1,255.24 $448.13 $1,703.37 $273,421.45
Dec, 2029 70 $1,253.18 $450.19 $1,703.37 $272,971.27
Jan, 2030 71 $1,251.12 $452.25 $1,703.37 $272,519.02
Feb, 2030 72 $1,249.05 $454.32 $1,703.37 $272,064.70
Mar, 2030 73 $1,246.96 $456.40 $1,703.37 $271,608.29
Apr, 2030 74 $1,244.87 $458.50 $1,703.37 $271,149.80
May, 2030 75 $1,242.77 $460.60 $1,703.37 $270,689.20
Jun, 2030 76 $1,240.66 $462.71 $1,703.37 $270,226.49
Jul, 2030 77 $1,238.54 $464.83 $1,703.37 $269,761.66
Aug, 2030 78 $1,236.41 $466.96 $1,703.37 $269,294.71
Sep, 2030 79 $1,234.27 $469.10 $1,703.37 $268,825.61
Oct, 2030 80 $1,232.12 $471.25 $1,703.37 $268,354.36
Nov, 2030 81 $1,229.96 $473.41 $1,703.37 $267,880.95
Dec, 2030 82 $1,227.79 $475.58 $1,703.37 $267,405.37
Jan, 2031 83 $1,225.61 $477.76 $1,703.37 $266,927.61
Feb, 2031 84 $1,223.42 $479.95 $1,703.37 $266,447.66
Mar, 2031 85 $1,221.22 $482.15 $1,703.37 $265,965.51
Apr, 2031 86 $1,219.01 $484.36 $1,703.37 $265,481.15
May, 2031 87 $1,216.79 $486.58 $1,703.37 $264,994.57
Jun, 2031 88 $1,214.56 $488.81 $1,703.37 $264,505.77
Jul, 2031 89 $1,212.32 $491.05 $1,703.37 $264,014.72
Aug, 2031 90 $1,210.07 $493.30 $1,703.37 $263,521.42
Sep, 2031 91 $1,207.81 $495.56 $1,703.37 $263,025.86
Oct, 2031 92 $1,205.54 $497.83 $1,703.37 $262,528.02
Nov, 2031 93 $1,203.25 $500.11 $1,703.37 $262,027.91
Dec, 2031 94 $1,200.96 $502.41 $1,703.37 $261,525.51
Jan, 2032 95 $1,198.66 $504.71 $1,703.37 $261,020.80
Feb, 2032 96 $1,196.35 $507.02 $1,703.37 $260,513.78
Mar, 2032 97 $1,194.02 $509.35 $1,703.37 $260,004.43
Apr, 2032 98 $1,191.69 $511.68 $1,703.37 $259,492.75
May, 2032 99 $1,189.34 $514.03 $1,703.37 $258,978.72
Jun, 2032 100 $1,186.99 $516.38 $1,703.37 $258,462.34
Jul, 2032 101 $1,184.62 $518.75 $1,703.37 $257,943.60
Aug, 2032 102 $1,182.24 $521.13 $1,703.37 $257,422.47
Sep, 2032 103 $1,179.85 $523.51 $1,703.37 $256,898.96
Oct, 2032 104 $1,177.45 $525.91 $1,703.37 $256,373.04
Nov, 2032 105 $1,175.04 $528.32 $1,703.37 $255,844.72
Dec, 2032 106 $1,172.62 $530.75 $1,703.37 $255,313.97
Jan, 2033 107 $1,170.19 $533.18 $1,703.37 $254,780.80
Feb, 2033 108 $1,167.75 $535.62 $1,703.37 $254,245.17
Mar, 2033 109 $1,165.29 $538.08 $1,703.37 $253,707.10
Apr, 2033 110 $1,162.82 $540.54 $1,703.37 $253,166.55
May, 2033 111 $1,160.35 $543.02 $1,703.37 $252,623.53
Jun, 2033 112 $1,157.86 $545.51 $1,703.37 $252,078.02
Jul, 2033 113 $1,155.36 $548.01 $1,703.37 $251,530.02
Aug, 2033 114 $1,152.85 $550.52 $1,703.37 $250,979.49
Sep, 2033 115 $1,150.32 $553.04 $1,703.37 $250,426.45
Oct, 2033 116 $1,147.79 $555.58 $1,703.37 $249,870.87
Nov, 2033 117 $1,145.24 $558.13 $1,703.37 $249,312.75
Dec, 2033 118 $1,142.68 $560.68 $1,703.37 $248,752.06
Jan, 2034 119 $1,140.11 $563.25 $1,703.37 $248,188.81
Feb, 2034 120 $1,137.53 $565.83 $1,703.37 $247,622.97
Mar, 2034 121 $1,134.94 $568.43 $1,703.37 $247,054.54
Apr, 2034 122 $1,132.33 $571.03 $1,703.37 $246,483.51
May, 2034 123 $1,129.72 $573.65 $1,703.37 $245,909.86
Jun, 2034 124 $1,127.09 $576.28 $1,703.37 $245,333.58
Jul, 2034 125 $1,124.45 $578.92 $1,703.37 $244,754.66
Aug, 2034 126 $1,121.79 $581.57 $1,703.37 $244,173.08
Sep, 2034 127 $1,119.13 $584.24 $1,703.37 $243,588.84
Oct, 2034 128 $1,116.45 $586.92 $1,703.37 $243,001.93
Nov, 2034 129 $1,113.76 $589.61 $1,703.37 $242,412.32
Dec, 2034 130 $1,111.06 $592.31 $1,703.37 $241,820.01
Jan, 2035 131 $1,108.34 $595.03 $1,703.37 $241,224.98
Feb, 2035 132 $1,105.61 $597.75 $1,703.37 $240,627.23
Mar, 2035 133 $1,102.87 $600.49 $1,703.37 $240,026.74
Apr, 2035 134 $1,100.12 $603.24 $1,703.37 $239,423.49
May, 2035 135 $1,097.36 $606.01 $1,703.37 $238,817.48
Jun, 2035 136 $1,094.58 $608.79 $1,703.37 $238,208.70
Jul, 2035 137 $1,091.79 $611.58 $1,703.37 $237,597.12
Aug, 2035 138 $1,088.99 $614.38 $1,703.37 $236,982.74
Sep, 2035 139 $1,086.17 $617.20 $1,703.37 $236,365.54
Oct, 2035 140 $1,083.34 $620.02 $1,703.37 $235,745.52
Nov, 2035 141 $1,080.50 $622.87 $1,703.37 $235,122.65
Dec, 2035 142 $1,077.65 $625.72 $1,703.37 $234,496.93
Jan, 2036 143 $1,074.78 $628.59 $1,703.37 $233,868.34
Feb, 2036 144 $1,071.90 $631.47 $1,703.37 $233,236.87
Mar, 2036 145 $1,069.00 $634.36 $1,703.37 $232,602.50
Apr, 2036 146 $1,066.09 $637.27 $1,703.37 $231,965.23
May, 2036 147 $1,063.17 $640.19 $1,703.37 $231,325.04
Jun, 2036 148 $1,060.24 $643.13 $1,703.37 $230,681.91
Jul, 2036 149 $1,057.29 $646.07 $1,703.37 $230,035.84
Aug, 2036 150 $1,054.33 $649.04 $1,703.37 $229,386.80
Sep, 2036 151 $1,051.36 $652.01 $1,703.37 $228,734.79
Oct, 2036 152 $1,048.37 $655.00 $1,703.37 $228,079.79
Nov, 2036 153 $1,045.37 $658.00 $1,703.37 $227,421.79
Dec, 2036 154 $1,042.35 $661.02 $1,703.37 $226,760.77
Jan, 2037 155 $1,039.32 $664.05 $1,703.37 $226,096.73
Feb, 2037 156 $1,036.28 $667.09 $1,703.37 $225,429.64
Mar, 2037 157 $1,033.22 $670.15 $1,703.37 $224,759.49
Apr, 2037 158 $1,030.15 $673.22 $1,703.37 $224,086.27
May, 2037 159 $1,027.06 $676.30 $1,703.37 $223,409.96
Jun, 2037 160 $1,023.96 $679.40 $1,703.37 $222,730.56
Jul, 2037 161 $1,020.85 $682.52 $1,703.37 $222,048.04
Aug, 2037 162 $1,017.72 $685.65 $1,703.37 $221,362.39
Sep, 2037 163 $1,014.58 $688.79 $1,703.37 $220,673.60
Oct, 2037 164 $1,011.42 $691.95 $1,703.37 $219,981.66
Nov, 2037 165 $1,008.25 $695.12 $1,703.37 $219,286.54
Dec, 2037 166 $1,005.06 $698.30 $1,703.37 $218,588.24
Jan, 2038 167 $1,001.86 $701.50 $1,703.37 $217,886.73
Feb, 2038 168 $998.65 $704.72 $1,703.37 $217,182.01
Mar, 2038 169 $995.42 $707.95 $1,703.37 $216,474.06
Apr, 2038 170 $992.17 $711.19 $1,703.37 $215,762.87
May, 2038 171 $988.91 $714.45 $1,703.37 $215,048.42
Jun, 2038 172 $985.64 $717.73 $1,703.37 $214,330.69
Jul, 2038 173 $982.35 $721.02 $1,703.37 $213,609.67
Aug, 2038 174 $979.04 $724.32 $1,703.37 $212,885.35
Sep, 2038 175 $975.72 $727.64 $1,703.37 $212,157.70
Oct, 2038 176 $972.39 $730.98 $1,703.37 $211,426.73
Nov, 2038 177 $969.04 $734.33 $1,703.37 $210,692.40
Dec, 2038 178 $965.67 $737.69 $1,703.37 $209,954.70
Jan, 2039 179 $962.29 $741.07 $1,703.37 $209,213.63
Feb, 2039 180 $958.90 $744.47 $1,703.37 $208,469.16
Mar, 2039 181 $955.48 $747.88 $1,703.37 $207,721.28
Apr, 2039 182 $952.06 $751.31 $1,703.37 $206,969.96
May, 2039 183 $948.61 $754.75 $1,703.37 $206,215.21
Jun, 2039 184 $945.15 $758.21 $1,703.37 $205,457.00
Jul, 2039 185 $941.68 $761.69 $1,703.37 $204,695.31
Aug, 2039 186 $938.19 $765.18 $1,703.37 $203,930.13
Sep, 2039 187 $934.68 $768.69 $1,703.37 $203,161.44
Oct, 2039 188 $931.16 $772.21 $1,703.37 $202,389.23
Nov, 2039 189 $927.62 $775.75 $1,703.37 $201,613.48
Dec, 2039 190 $924.06 $779.31 $1,703.37 $200,834.17
Jan, 2040 191 $920.49 $782.88 $1,703.37 $200,051.30
Feb, 2040 192 $916.90 $786.47 $1,703.37 $199,264.83
Mar, 2040 193 $913.30 $790.07 $1,703.37 $198,474.76
Apr, 2040 194 $909.68 $793.69 $1,703.37 $197,681.07
May, 2040 195 $906.04 $797.33 $1,703.37 $196,883.74
Jun, 2040 196 $902.38 $800.98 $1,703.37 $196,082.76
Jul, 2040 197 $898.71 $804.65 $1,703.37 $195,278.10
Aug, 2040 198 $895.02 $808.34 $1,703.37 $194,469.76
Sep, 2040 199 $891.32 $812.05 $1,703.37 $193,657.71
Oct, 2040 200 $887.60 $815.77 $1,703.37 $192,841.95
Nov, 2040 201 $883.86 $819.51 $1,703.37 $192,022.44
Dec, 2040 202 $880.10 $823.26 $1,703.37 $191,199.17
Jan, 2041 203 $876.33 $827.04 $1,703.37 $190,372.14
Feb, 2041 204 $872.54 $830.83 $1,703.37 $189,541.31
Mar, 2041 205 $868.73 $834.64 $1,703.37 $188,706.67
Apr, 2041 206 $864.91 $838.46 $1,703.37 $187,868.21
May, 2041 207 $861.06 $842.30 $1,703.37 $187,025.91
Jun, 2041 208 $857.20 $846.16 $1,703.37 $186,179.74
Jul, 2041 209 $853.32 $850.04 $1,703.37 $185,329.70
Aug, 2041 210 $849.43 $853.94 $1,703.37 $184,475.76
Sep, 2041 211 $845.51 $857.85 $1,703.37 $183,617.91
Oct, 2041 212 $841.58 $861.78 $1,703.37 $182,756.12
Nov, 2041 213 $837.63 $865.73 $1,703.37 $181,890.39
Dec, 2041 214 $833.66 $869.70 $1,703.37 $181,020.68
Jan, 2042 215 $829.68 $873.69 $1,703.37 $180,146.99
Feb, 2042 216 $825.67 $877.69 $1,703.37 $179,269.30
Mar, 2042 217 $821.65 $881.72 $1,703.37 $178,387.58
Apr, 2042 218 $817.61 $885.76 $1,703.37 $177,501.83
May, 2042 219 $813.55 $889.82 $1,703.37 $176,612.01
Jun, 2042 220 $809.47 $893.90 $1,703.37 $175,718.12
Jul, 2042 221 $805.37 $897.99 $1,703.37 $174,820.12
Aug, 2042 222 $801.26 $902.11 $1,703.37 $173,918.01
Sep, 2042 223 $797.12 $906.24 $1,703.37 $173,011.77
Oct, 2042 224 $792.97 $910.40 $1,703.37 $172,101.38
Nov, 2042 225 $788.80 $914.57 $1,703.37 $171,186.81
Dec, 2042 226 $784.61 $918.76 $1,703.37 $170,268.05
Jan, 2043 227 $780.40 $922.97 $1,703.37 $169,345.07
Feb, 2043 228 $776.16 $927.20 $1,703.37 $168,417.87
Mar, 2043 229 $771.92 $931.45 $1,703.37 $167,486.42
Apr, 2043 230 $767.65 $935.72 $1,703.37 $166,550.70
May, 2043 231 $763.36 $940.01 $1,703.37 $165,610.69
Jun, 2043 232 $759.05 $944.32 $1,703.37 $164,666.37
Jul, 2043 233 $754.72 $948.65 $1,703.37 $163,717.73
Aug, 2043 234 $750.37 $952.99 $1,703.37 $162,764.73
Sep, 2043 235 $746.01 $957.36 $1,703.37 $161,807.37
Oct, 2043 236 $741.62 $961.75 $1,703.37 $160,845.62
Nov, 2043 237 $737.21 $966.16 $1,703.37 $159,879.46
Dec, 2043 238 $732.78 $970.59 $1,703.37 $158,908.88
Jan, 2044 239 $728.33 $975.03 $1,703.37 $157,933.84
Feb, 2044 240 $723.86 $979.50 $1,703.37 $156,954.34
Mar, 2044 241 $719.37 $983.99 $1,703.37 $155,970.34
Apr, 2044 242 $714.86 $988.50 $1,703.37 $154,981.84
May, 2044 243 $710.33 $993.03 $1,703.37 $153,988.81
Jun, 2044 244 $705.78 $997.58 $1,703.37 $152,991.22
Jul, 2044 245 $701.21 $1,002.16 $1,703.37 $151,989.07
Aug, 2044 246 $696.62 $1,006.75 $1,703.37 $150,982.32
Sep, 2044 247 $692.00 $1,011.36 $1,703.37 $149,970.95
Oct, 2044 248 $687.37 $1,016.00 $1,703.37 $148,954.95
Nov, 2044 249 $682.71 $1,020.66 $1,703.37 $147,934.29
Dec, 2044 250 $678.03 $1,025.33 $1,703.37 $146,908.96
Jan, 2045 251 $673.33 $1,030.03 $1,703.37 $145,878.92
Feb, 2045 252 $668.61 $1,034.76 $1,703.37 $144,844.17
Mar, 2045 253 $663.87 $1,039.50 $1,703.37 $143,804.67
Apr, 2045 254 $659.10 $1,044.26 $1,703.37 $142,760.41
May, 2045 255 $654.32 $1,049.05 $1,703.37 $141,711.36
Jun, 2045 256 $649.51 $1,053.86 $1,703.37 $140,657.50
Jul, 2045 257 $644.68 $1,058.69 $1,703.37 $139,598.82
Aug, 2045 258 $639.83 $1,063.54 $1,703.37 $138,535.28
Sep, 2045 259 $634.95 $1,068.41 $1,703.37 $137,466.86
Oct, 2045 260 $630.06 $1,073.31 $1,703.37 $136,393.55
Nov, 2045 261 $625.14 $1,078.23 $1,703.37 $135,315.32
Dec, 2045 262 $620.20 $1,083.17 $1,703.37 $134,232.15
Jan, 2046 263 $615.23 $1,088.14 $1,703.37 $133,144.02
Feb, 2046 264 $610.24 $1,093.12 $1,703.37 $132,050.89
Mar, 2046 265 $605.23 $1,098.13 $1,703.37 $130,952.76
Apr, 2046 266 $600.20 $1,103.17 $1,703.37 $129,849.59
May, 2046 267 $595.14 $1,108.22 $1,703.37 $128,741.37
Jun, 2046 268 $590.06 $1,113.30 $1,703.37 $127,628.07
Jul, 2046 269 $584.96 $1,118.41 $1,703.37 $126,509.66
Aug, 2046 270 $579.84 $1,123.53 $1,703.37 $125,386.13
Sep, 2046 271 $574.69 $1,128.68 $1,703.37 $124,257.45
Oct, 2046 272 $569.51 $1,133.85 $1,703.37 $123,123.60
Nov, 2046 273 $564.32 $1,139.05 $1,703.37 $121,984.55
Dec, 2046 274 $559.10 $1,144.27 $1,703.37 $120,840.27
Jan, 2047 275 $553.85 $1,149.52 $1,703.37 $119,690.76
Feb, 2047 276 $548.58 $1,154.78 $1,703.37 $118,535.97
Mar, 2047 277 $543.29 $1,160.08 $1,703.37 $117,375.90
Apr, 2047 278 $537.97 $1,165.39 $1,703.37 $116,210.50
May, 2047 279 $532.63 $1,170.74 $1,703.37 $115,039.77
Jun, 2047 280 $527.27 $1,176.10 $1,703.37 $113,863.67
Jul, 2047 281 $521.88 $1,181.49 $1,703.37 $112,682.17
Aug, 2047 282 $516.46 $1,186.91 $1,703.37 $111,495.27
Sep, 2047 283 $511.02 $1,192.35 $1,703.37 $110,302.92
Oct, 2047 284 $505.56 $1,197.81 $1,703.37 $109,105.11
Nov, 2047 285 $500.07 $1,203.30 $1,703.37 $107,901.81
Dec, 2047 286 $494.55 $1,208.82 $1,703.37 $106,692.99
Jan, 2048 287 $489.01 $1,214.36 $1,703.37 $105,478.63
Feb, 2048 288 $483.44 $1,219.92 $1,703.37 $104,258.71
Mar, 2048 289 $477.85 $1,225.51 $1,703.37 $103,033.19
Apr, 2048 290 $472.24 $1,231.13 $1,703.37 $101,802.06
May, 2048 291 $466.59 $1,236.77 $1,703.37 $100,565.29
Jun, 2048 292 $460.92 $1,242.44 $1,703.37 $99,322.85
Jul, 2048 293 $455.23 $1,248.14 $1,703.37 $98,074.71
Aug, 2048 294 $449.51 $1,253.86 $1,703.37 $96,820.85
Sep, 2048 295 $443.76 $1,259.60 $1,703.37 $95,561.25
Oct, 2048 296 $437.99 $1,265.38 $1,703.37 $94,295.87
Nov, 2048 297 $432.19 $1,271.18 $1,703.37 $93,024.69
Dec, 2048 298 $426.36 $1,277.00 $1,703.37 $91,747.69
Jan, 2049 299 $420.51 $1,282.86 $1,703.37 $90,464.83
Feb, 2049 300 $414.63 $1,288.74 $1,703.37 $89,176.09
Mar, 2049 301 $408.72 $1,294.64 $1,703.37 $87,881.45
Apr, 2049 302 $402.79 $1,300.58 $1,703.37 $86,580.87
May, 2049 303 $396.83 $1,306.54 $1,703.37 $85,274.33
Jun, 2049 304 $390.84 $1,312.53 $1,703.37 $83,961.81
Jul, 2049 305 $384.82 $1,318.54 $1,703.37 $82,643.27
Aug, 2049 306 $378.78 $1,324.59 $1,703.37 $81,318.68
Sep, 2049 307 $372.71 $1,330.66 $1,703.37 $79,988.02
Oct, 2049 308 $366.61 $1,336.76 $1,703.37 $78,651.27
Nov, 2049 309 $360.48 $1,342.88 $1,703.37 $77,308.39
Dec, 2049 310 $354.33 $1,349.04 $1,703.37 $75,959.35
Jan, 2050 311 $348.15 $1,355.22 $1,703.37 $74,604.13
Feb, 2050 312 $341.94 $1,361.43 $1,703.37 $73,242.70
Mar, 2050 313 $335.70 $1,367.67 $1,703.37 $71,875.03
Apr, 2050 314 $329.43 $1,373.94 $1,703.37 $70,501.09
May, 2050 315 $323.13 $1,380.24 $1,703.37 $69,120.85
Jun, 2050 316 $316.80 $1,386.56 $1,703.37 $67,734.29
Jul, 2050 317 $310.45 $1,392.92 $1,703.37 $66,341.37
Aug, 2050 318 $304.06 $1,399.30 $1,703.37 $64,942.07
Sep, 2050 319 $297.65 $1,405.72 $1,703.37 $63,536.35
Oct, 2050 320 $291.21 $1,412.16 $1,703.37 $62,124.19
Nov, 2050 321 $284.74 $1,418.63 $1,703.37 $60,705.56
Dec, 2050 322 $278.23 $1,425.13 $1,703.37 $59,280.43
Jan, 2051 323 $271.70 $1,431.67 $1,703.37 $57,848.76
Feb, 2051 324 $265.14 $1,438.23 $1,703.37 $56,410.54
Mar, 2051 325 $258.55 $1,444.82 $1,703.37 $54,965.72
Apr, 2051 326 $251.93 $1,451.44 $1,703.37 $53,514.28
May, 2051 327 $245.27 $1,458.09 $1,703.37 $52,056.18
Jun, 2051 328 $238.59 $1,464.78 $1,703.37 $50,591.41
Jul, 2051 329 $231.88 $1,471.49 $1,703.37 $49,119.92
Aug, 2051 330 $225.13 $1,478.23 $1,703.37 $47,641.68
Sep, 2051 331 $218.36 $1,485.01 $1,703.37 $46,156.67
Oct, 2051 332 $211.55 $1,491.82 $1,703.37 $44,664.86
Nov, 2051 333 $204.71 $1,498.65 $1,703.37 $43,166.21
Dec, 2051 334 $197.85 $1,505.52 $1,703.37 $41,660.68
Jan, 2052 335 $190.94 $1,512.42 $1,703.37 $40,148.26
Feb, 2052 336 $184.01 $1,519.35 $1,703.37 $38,628.91
Mar, 2052 337 $177.05 $1,526.32 $1,703.37 $37,102.59
Apr, 2052 338 $170.05 $1,533.31 $1,703.37 $35,569.28
May, 2052 339 $163.03 $1,540.34 $1,703.37 $34,028.93
Jun, 2052 340 $155.97 $1,547.40 $1,703.37 $32,481.53
Jul, 2052 341 $148.87 $1,554.49 $1,703.37 $30,927.04
Aug, 2052 342 $141.75 $1,561.62 $1,703.37 $29,365.42
Sep, 2052 343 $134.59 $1,568.78 $1,703.37 $27,796.65
Oct, 2052 344 $127.40 $1,575.97 $1,703.37 $26,220.68
Nov, 2052 345 $120.18 $1,583.19 $1,703.37 $24,637.49
Dec, 2052 346 $112.92 $1,590.45 $1,703.37 $23,047.05
Jan, 2053 347 $105.63 $1,597.73 $1,703.37 $21,449.31
Feb, 2053 348 $98.31 $1,605.06 $1,703.37 $19,844.25
Mar, 2053 349 $90.95 $1,612.41 $1,703.37 $18,231.84
Apr, 2053 350 $83.56 $1,619.80 $1,703.37 $16,612.04
May, 2053 351 $76.14 $1,627.23 $1,703.37 $14,984.81
Jun, 2053 352 $68.68 $1,634.69 $1,703.37 $13,350.12
Jul, 2053 353 $61.19 $1,642.18 $1,703.37 $11,707.94
Aug, 2053 354 $53.66 $1,649.71 $1,703.37 $10,058.24
Sep, 2053 355 $46.10 $1,657.27 $1,703.37 $8,400.97
Oct, 2053 356 $38.50 $1,664.86 $1,703.37 $6,736.11
Nov, 2053 357 $30.87 $1,672.49 $1,703.37 $5,063.61
Dec, 2053 358 $23.21 $1,680.16 $1,703.37 $3,383.46
Jan, 2054 359 $15.51 $1,687.86 $1,703.37 $1,695.60
Feb, 2054 360 $7.77 $1,695.60 $1,703.37 $0.00

Should I Buy Mortgage Points?

Without Points With Points
Monthly Payment $1,847.15 $1,703.37
Total Interest $364,974.58 $313,212.12
Total Principal $300,000.00 $300,000.00
Total Payment $664,974.58 $613,212.12
Points Costs $0 $9,000.00
Total Interest Savings $0 $51,762.46
Total Savings $0
$42,762.46
Payoff Date Feb, 2054 Feb, 2054

Mortgage Points Break Even Calculator

Each mortgage point costs 1% of the mortgage amount, use our mortgage points break even calculator to find out if it is worth it to buy points for your mortgage, and if it is, how much total interest payments you will save with points and how long does it take to break even.


What are mortgage points?

Mortgage points are discount points that borrowers purchase during the mortgage or refinance process to lower their interest rate. To save money on the life of the loan because of a lower interest rate and monthly payments, many borrowers choose to purchase mortgage points and pay a one-time fee upfront.


How much is a point on a mortgage?

Each mortgage point is 1% of the total mortgage amount that the borrower applies for. For example, if the mortgage amount is $500,000, each mortgage point costs $5,000. If the borrower purchases 3 points, that will cost $15,000. The payment for the discount mortgage points is added to closing costs which the borrower would pay on the closing date.


How many points can you buy on a mortgage?

Most lenders allow their borrowers to purchase anywhere from 1 - 3 discount points for their mortgage. There is no set limit of how many mortgage points you can buy, but it's rare to find lenders that allow borrowers to buy more than 5 points on their mortgages. You will need to check with your lender to see the maximum mortgage points that you can buy if you want to buy the maximum amount of discount points to take advantage of a much lower monthly payment. However, keep track of the numbers because if you have a large mortgage, the costs for mortgage points add up quickly, and your closing costs will be high, make sure you can still afford the closing costs. If you can't afford to pay 1 whole mortgage point, but still want to take advantage of the discount points, many lenders allow you to buy a fraction of a point.


Are mortgage points worth it?

Whether or not mortgage points are worth it depends on your family situation. If you plan to live in your house for a long time and can afford the extra payment upfront, buying mortgage points may be a good idea. However, if you are not planning to stay in the house for more than 3-5 years, then buying mortgage points is not worth it, because you might not breakeven for the mortgage points costs before you move out. You can use our mortgage points calculator to find out how long it takes for you to break even.



Pros and cons of buying points on a mortgage

Pros
  • Lower interest rate - Since your interest rate will be lower, you will make lower monthly payments and hence have more money in your pockets every month.

  • Lower cost for the mortgage - If you live in the house for more than 10 years on a 30-year term, you will save money on interest payment, and the overall costs.

  • Tax-deductible - Just like your mortgage payment, the costs of buying points are also tax-deductible. You will have to talk to your accountant to see how much you can save on taxes.
Cons
  • Higher upfront costs - The mortgage points are not cheap, with each point costing 1% of the loan, you will pay a much higher upfront fee.

  • Reduces your down payment - If paying for mortgage points cuts down your down payment, you may end up having to pay PMI or private mortgage insurance. The PMI is required if your down payment is less than 20%. You will have to pay the monthly PMI until your equity in the house exceeds 20%.

  • May never break even - If you are only going to live in the house for a few years, you may never break even on the costs of your mortgage points.

What is the breakeven point?

The breakeven point occurs when your savings on interest payment exceeds the initial upfront costs that you paid to purchase mortgage points. Depending on how many discount mortgage points you purchase, the breakeven point could be a few years into your mortgage payments. Therefore, if you are not planning to live in the house for the long term, it may not be a good idea to purchase discount points because you may never recoup the costs of buying discount points. Our mortgage discount points calculator will show you exactly when the breakeven point occurs when you enter the interest rate without points, interest rate with points, and the number of discount mortgage points you buy. You will see the total savings at the end of the loan term if you stay in the house for 30 years. You will also get an amortization schedule for the mortgage with and without points so you can compare the difference in payments each month.


What are origination points?

There is a difference between mortgage origination points and mortgage discount points. Discount points allow a borrower to reduce their monthly payments by paying an upfront fee and is tax-deductible, whereas origination points are fees that are charged by lenders to originate the loan. Origination fees are fees added to the closing costs and are paid at closing, these fees are not tax-deductible and they do not reduce your interest rate or monthly payment. Original fees are often negotiable and vary from lender to lender. When a borrower shops around to find a lender, the interest rate should not be the only consideration, they should also compare the loan origination fees and the closing costs the lenders charge and pick the lender that best suits their need.


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