Points vs Rate Calculator
Use this free Points vs Rate calculator to make better property management decisions. Enter your values below to get instant results.
Calculate Now
How to Use This Calculator
- 1 Enter loan amount
- 2 Compare rate with and without points
- 3 Calculate point cost (1 point = 1% of loan)
- 4 Calculate monthly savings
- 5 Determine break-even period
Example Calculation
1 point to reduce 7% to 6.75% on $300K
Inputs:
- Loan: $300K
- 1 point: $3,000
- Reduction: 0.25%
Result:
Savings: ~$50/mo. Break-even: 60 months
Important Considerations
- • Negative points = lender credits for closing
- • Investment properties have different ratios
- • Points math changes with rate environment
Frequently Asked Questions
1 point = 1% of loan upfront to reduce rate. Typically 1 point = 0.25% rate reduction. Prepaid interest.
If keeping loan past break-even (4-7 years), have excess cash, monthly savings matters more than upfront.
Manage units, leases, and maintenance in one place
Tivio Starter is free — no credit card required. Includes all 50+ calculators built-in.
Get started freeRelated Calculators
Down Payment Calculator
Calculate down payment needed
Refinance Savings Calculator
Calculate potential refinance savings
PMI Calculator
Calculate private mortgage insurance
HELOC Available Calculator
Calculate available home equity line
Prorated Rent Calculator
Calculate partial month rent for move-ins and move-outs
Automate Your Property Management
All 50+ calculators built-in, plus rent collection, maintenance tracking, tenant screening, and more.
Start Free Trial