Patent & Trademark Office Federal Credit Union

www.ptofcu.org

Should I Pay Discount Points?
Calculator

It is possible that ‘buying down’ your interest rate on your mortgage with discount points (a form of prepaid interest) will save you money in the long run. Use this calculator to help determine if paying additional discount points in exchange for a lower interest rate is a good option for you.

Mortgage Information

Loan 1

Enter the loan with the lowest points first.

Loan 2

Loan 3

Compare Mortgages

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Loan 2
Loan 3
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Amortization Schedule