The Is it Worth it to Buy down my Rate? calculator tells you if you should pay points to get a lower rate. It’s easy to make an emotional decision about closing costs and about getting the lowest rate; this calculator helps you be more objective about this financial decision.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.