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Mortgage Points Calculator. Determine whether to buy points or add to your down payment. Buying points when you close your mortgage can reduce your interest. Check out our free mortgage discount point calculator to learn how much a discount point costs and how long it will take you to break even. This calculator makes it easy for home buyers to decide if it makes sense to buy discount points to lower the interest rate on their mortgage. Should you buy points? Use nbkc's mortgage points calculator to see how your monthly mortgage payment could look with or without points. Try it today. This calculator helps you determine if you should pay for points, or use the money to increase your down payment.
What are Mortgage POINTS? [Mortgage Points Explained]
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