$
%
$
%
$
%
years
Total: $193,393
Total cost over 7 years
$2335/mo
$0
$196,136
$2217/mo
$7200
$193,393
$2395/mo
$3600
$197,587
Visual comparison
Par Rate
$196,136
Buy Points
$193,393
Lender Credit
$197,587
Par rate (6.75%): $2,335/month, no upfront cost
Buying points: Saves $118/month, breaks even in 61 months (5.1 years)
Lender credit: Get $3,600 upfront, pay $60/month more
Best option for 7 years: Buy Points (total cost: $193,393)
Staying long-term? Buying points down can save thousands over time
For a 7-year hold, Buy Points is your best option at $193,393 total cost.
Here are the exact formulas behind your numbers. No black boxes — just math.
Cost of 1 Point
Monthly Savings from Points
Break-Even
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