Should I pay discount points on my mortgage?

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Mortgage Calculators > Should I pay discount points on my mortgage?

Discount points can be pretty tricky, but they may save you quite an amount of money if used wisely. The main question is whether you can afford to make the upfront payment for the points. Fine-tune the balance of the interest rate and the discount points in your payments and enjoy the benefits.

Mortgage Parameters
Original Interest Rate:	%
Interest Rate with Discount Points:	%
Discount Points:
Total Home Mortgage Amount:
Term of the Loan:	years

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