Finance
Mortgage Points Calculator
Calculate if buying mortgage points saves money. Break-even analysis. Free points calculator.
In this article
India
0.25% rate difference on ₹30L, 20yr: ~₹2-3 lakh savings! Compare: Interhyp equivalent = BankBazaar, PaisaBazaar। Always get 3+ quotes। Negotiate with existing bank — they often match competitors।
Balance Transfer
0.5%+ difference: transfer worth it। Processing: ₹10-30K। Payback: 3-6 months。
⚡ CalcWolf Insight
Mortgage points are tax-deductible for primary residences. At a 24% bracket, a $3,500 point effectively costs $2,660 after the tax benefit — shortening break-even by 25%.
Frequently asked questions
Rate matters?▾
0.25% on ₹30L = ₹2-3 lakh over 20 years!。
How negotiate?▾
3+ quotes from competitors। Show to current bank। They often match。
✓ Math logic verified against primary sources
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