Mortgage Points Calculator

PKR
%
%
points
years
Finance Updated 16 Jun 2026

Mortgage Points Calculator is a financial calculator that helps you calculate loan or mortgage payment amounts and total repayment cost. The formula used is: Cost of Points = Points × Loan Amount / 100\nMonthly Saving = EMI(high rate) − EMI(low rate)\nBreakeven = Cost of Points / Monthly Saving. Enter monetary values in your local currency. Enter interest rates as plain numbers (e.g. enter 5 for 5 %).

Formula

Cost of Points = Points × Loan Amount / 100 Monthly Saving = EMI(high rate) − EMI(low rate) Breakeven = Cost of Points / Monthly Saving

Example Calculation

Inputs
  • Loan Amount (PKR): 5000000 PKR
  • Rate Without Points: 22 %
  • Rate With Points: 21 %
  • Number of Points: 1 points
  • Loan Term: 20 years

Suppose you enter: Loan Amount (PKR) = 5000000, Rate Without Points = 22, Rate With Points = 21, Number of Points = 1, Loan Term = 20. The calculator applies the formula (Cost of Points = Points × Loan Amount / 100\nMonthly Saving = EMI(high rate) − EMI(low rate)\nBreakeven = Cost of Points / Monthly Saving) and shows all output values below. Change any input field to immediately see how the result changes.

Frequently asked questions

What is the Mortgage Points?
The Mortgage Points Calculator is a financial calculator that helps you calculate loan or mortgage payment amounts and total repayment cost. Enter monetary values in your local currency. Enter interest rates as plain numbers (e.g. enter 5 for 5 %).
When should I use this calculator?
Use this calculator whenever you need a quick, accurate result for loan or mortgage payment amounts and total repayment cost without working through the arithmetic manually.
What units should I enter?
Enter monetary values in your local currency. Enter interest rates as plain numbers (e.g. enter 5 for 5 %).
How accurate are the results?
Assumes constant rates, no additional fees, and no tax unless stated. Actual outcomes vary with market conditions.
How do I interpret the result?
Compare against your financial goals or market benchmarks. A higher figure may mean greater cost or greater return depending on context.
How can I verify the calculation manually?
Use the displayed formula and work through the numbers step by step. If your manual result differs slightly, check rounding and unit conversions first.
Can I use this for planning and budgeting?
Yes. Run best-case, expected, and worst-case inputs to compare outcomes and make safer planning decisions.