Mortgage Calculator Me Logo
mortgage calculators categories
Monthly mortgage payment calculator
Loan amortization calculator
Bi-weekly mortgage payment calculator
Additional mortgage payment calculator
Affordability mortgage calculator
Income needed mortgage calculator
Mortgage refinancing savings calculator
Discount points mortgage calculator
Discount points First Time Homebuyer
Discount points with refinance and no home improvement
Discount points with refinance and home improvement
Discount points with refinance, unclaimed balance, and home improvement
Mortgage interest tax deduction
Annual Percentage Rate
Interest only mortgage calculator
Loan to value ratio (LVR)
Gross debt service ratio (GDS)
Total debt service ratio (TDS)
Cashback mortgage calculator
Piggyback second mortgage calculator

mortgage calculators bread crumb mortgage calculators > Discount points with refinance and no home improvement

Discount points with refinance and no home improvement

Calculate how much the tax deduction for discount points with refinance with no home improvement. Discount Points is a way to lower mortgage payment by paying Discount Points at closing. Each point equals one percent. For example, Discount Point of 1 on $150,000 comes to $1,500. Homeowners can deduct the discount points over the life of the mortgage, if the homeowner refinance with no home improvement. For example, The Discount Points Tax Deduction every year is $60 ($1,500 / 25 years). This discount points mortgage calculator is also one of our mortgage calculators.


Enter values that implies your situation
Total Mortgage Amount: $ Click here for mortgage term definition
Mortgage Term: years Click here for mortgage term definition
Discount Points: Click here for mortgage term definition


Mortgage Calculator Definition of Terms

Total Mortgage Amount

It is the amount that the borrower wishes to borrow. For example, 250000.

Mortgage Term

The number of years to amortized the mortgage loan. For example, 20, 25, or 30 years are common

Discount Points

Points Required to Discount the mortgage loan's Interest Rate. For example, 5.25 quotes by lender

mortgage calculators categories
How do you subscribe to Mortgage Calculators Blog
blog xml
Subscribe in NewsGator Online
Add Mortgage Calculators Blog to Newsburst from CNET News.com
Add to My AOL
Subscribe in Bloglines
Add to netvibes
Add to Bitty Browser
Add to Plusmo

Copyright (c) 2005-2017 MortgageCalculatorMe.com. All Rights Reserved.

Information and calculation provided on this mortgage calculators website is for general purposes only. It is not intended to take the place of advice from your mortgage brokers.