Discount points, lender credits and buydowns, weighed on your own numbers
Official references
Point made
Discount Points & Break-Even Calculator uses CFPB guidance on points, credits and the Loan Estimate, the Fannie Mae Selling Guide on buydowns, and IRS guidance on points.
Last reviewed against the primary sources listed below.
Review
Each page is rechecked against these references at review.
Official references
- CFPB: How should I use lender credits and points (also called discount points)?
- CFPB: What is a Loan Estimate?
- CFPB: Loan Estimate explainer
- CFPB: Closing Disclosure explainer
- Fannie Mae Selling Guide B2-1.4-04: Temporary interest rate buydowns
- IRS Topic no. 504: Home mortgage points
- IRS Publication 936: Home Mortgage Interest Deduction