: To deduct points, your total itemized deductions must exceed the standard deduction ($15,750 for single filers; $31,500 for married filing jointly in 2025).
Buying points is essentially a long-term investment. It is generally a good idea if: buying points on mortgage
: You have enough cash for a 20% down payment (to avoid PMI ) plus the additional cost of points without draining your emergency fund. : To deduct points, your total itemized deductions
Under the latest rules, such as the One Big Beautiful Bill Act , certain tax limits have been made permanent: : To deduct points