Discount Points & Break-Even Calculator checklist
Questions to ask a lender
Point made
Ask every lender to price the same loan with and without points so you can compare like with like.
Last reviewed against the primary sources listed below.
Points
- How much does each point cost, and how much does it lower the rate?
- Are points required to get the rate you quoted?
Credits
- Can you offer a lender credit instead, and at what rate?
- How is the credit shown on the Loan Estimate?
Timing
- When must I decide on points?
- Can the points change after I lock?
How to use the answers
Enter each option into the break-even calculator to see how long each one takes to pay off.