diff --git a/change/react-native-windows-2020-03-27-11-52-38-dd.json b/change/react-native-windows-2020-03-27-11-52-38-dd.json
new file mode 100644
index 00000000000..5a5e620a47f
--- /dev/null
+++ b/change/react-native-windows-2020-03-27-11-52-38-dd.json
@@ -0,0 +1,8 @@
+{
+  "type": "prerelease",
+  "comment": "Fix direct debugging",
+  "packageName": "react-native-windows",
+  "email": "acoates@microsoft.com",
+  "dependentChangeType": "patch",
+  "date": "2020-03-27T18:52:38.219Z"
+}
\ No newline at end of file
diff --git a/vnext/Microsoft.ReactNative/ReactHost/ReactInstanceWin.cpp b/vnext/Microsoft.ReactNative/ReactHost/ReactInstanceWin.cpp
index 373fc4c9641..6494964c877 100644
--- a/vnext/Microsoft.ReactNative/ReactHost/ReactInstanceWin.cpp
+++ b/vnext/Microsoft.ReactNative/ReactHost/ReactInstanceWin.cpp
@@ -171,6 +171,7 @@ void ReactInstanceWin::Initialize() noexcept {
           devSettings->debuggerPort = m_options.DeveloperSettings.DebuggerPort;
           devSettings->debuggerRuntimeName = m_options.DeveloperSettings.DebuggerRuntimeName;
           devSettings->useWebDebugger = m_options.DeveloperSettings.UseWebDebugger;
+          devSettings->useFastRefresh = m_options.DeveloperSettings.UseFastRefresh;
           // devSettings->memoryTracker = GetMemoryTracker();
           devSettings->bundleRootPath =
               m_options.BundleRootPath.empty() ? "ms-appx:///Bundle/" : m_options.BundleRootPath;
@@ -313,7 +314,22 @@ void ReactInstanceWin::LoadJSBundles() noexcept {
   // The OnReactInstanceLoaded internally only accepts the first call and ignores others.
   //
 
-  if (!m_options.DeveloperSettings.UseWebDebugger) {
+  if (m_options.DeveloperSettings.UseWebDebugger || m_options.DeveloperSettings.UseFastRefresh) {
+    // Getting bundle from the packager, so do everything async.
+    auto instanceWrapper = m_instanceWrapper.LoadWithLock();
+    instanceWrapper->loadBundle(Mso::Copy(m_options.Identity));
+
+    m_jsMessageThread.Load()->runOnQueue([
+      weakThis = Mso::WeakPtr{this},
+      loadCallbackGuard = Mso::MakeMoveOnCopyWrapper(LoadedCallbackGuard{*this})
+    ]() noexcept {
+      if (auto strongThis = weakThis.GetStrongPtr()) {
+        if (strongThis->State() != ReactInstanceState::HasError) {
+          strongThis->OnReactInstanceLoaded(Mso::ErrorCode{});
+        }
+      }
+    });
+  } else {
     m_jsMessageThread.Load()->runOnQueue([
       weakThis = Mso::WeakPtr{this},
       loadCallbackGuard = Mso::MakeMoveOnCopyWrapper(LoadedCallbackGuard{*this})
@@ -339,21 +355,6 @@ void ReactInstanceWin::LoadJSBundles() noexcept {
         strongThis->OnReactInstanceLoaded(Mso::ErrorCode{});
       }
     });
-  } else {
-    // Web Debugging
-    auto instanceWrapper = m_instanceWrapper.LoadWithLock();
-    instanceWrapper->loadBundle(Mso::Copy(m_options.Identity));
-
-    m_jsMessageThread.Load()->runOnQueue([
-      weakThis = Mso::WeakPtr{this},
-      loadCallbackGuard = Mso::MakeMoveOnCopyWrapper(LoadedCallbackGuard{*this})
-    ]() noexcept {
-      if (auto strongThis = weakThis.GetStrongPtr()) {
-        if (strongThis->State() != ReactInstanceState::HasError) {
-          strongThis->OnReactInstanceLoaded(Mso::ErrorCode{});
-        }
-      }
-    });
   }
 }
 
diff --git a/vnext/Microsoft.ReactNative/Views/ReactRootControl.cpp b/vnext/Microsoft.ReactNative/Views/ReactRootControl.cpp
index fc6be64b0c0..0574a0762d3 100644
--- a/vnext/Microsoft.ReactNative/Views/ReactRootControl.cpp
+++ b/vnext/Microsoft.ReactNative/Views/ReactRootControl.cpp
@@ -519,6 +519,7 @@ void ReactRootControl::ShowDeveloperMenu() noexcept {
         winrt::auto_revoke, [this](auto const & /*sender*/, winrt::RoutedEventArgs const & /*args*/) noexcept {
           DismissDeveloperMenu();
           m_useWebDebugger = !m_useWebDebugger;
+          m_directDebugging = false; // Remote debugging is incompatible with direct debugging
           ReloadHost();
         });
 
@@ -527,11 +528,12 @@ void ReactRootControl::ShowDeveloperMenu() noexcept {
         winrt::auto_revoke, [this](auto const & /*sender*/, winrt::RoutedEventArgs const & /*args*/) noexcept {
           DismissDeveloperMenu();
           m_directDebugging = !m_directDebugging;
+          m_useWebDebugger = false; // Remote debugging is incompatible with direct debugging
           ReloadHost();
         });
 
     breakOnNextLineText.Text(m_breakOnNextLine ? L"Disable Break on First Line" : L"Enable Break on First Line");
-    m_breakOnNextLineRevoker = directDebugButton.Click(
+    m_breakOnNextLineRevoker = breakOnNextLineButton.Click(
         winrt::auto_revoke, [this](auto const & /*sender*/, winrt::RoutedEventArgs const & /*args*/) noexcept {
           DismissDeveloperMenu();
           m_breakOnNextLine = !m_breakOnNextLine;
diff --git a/vnext/ReactWindowsCore/DevSettings.h b/vnext/ReactWindowsCore/DevSettings.h
index 28ed1f70887..44808a5e4d9 100644
--- a/vnext/ReactWindowsCore/DevSettings.h
+++ b/vnext/ReactWindowsCore/DevSettings.h
@@ -81,6 +81,8 @@ struct DevSettings {
   /// is loaded.
   bool useWebDebugger{false};
 
+  bool useFastRefresh{false};
+
   // Enables ChakraCore console redirection to debugger
   bool debuggerConsoleRedirection{false};
 
diff --git a/vnext/Shared/OInstance.cpp b/vnext/Shared/OInstance.cpp
index 0e617ef27df..35b3552dfff 100644
--- a/vnext/Shared/OInstance.cpp
+++ b/vnext/Shared/OInstance.cpp
@@ -510,7 +510,7 @@ void InstanceImpl::loadBundleInternal(std::string &&jsBundleRelativePath, bool s
       m_devSettings->errorCallback(e.what());
       return;
     }
-  } else if (m_devSettings->liveReloadCallback != nullptr) {
+  } else if (m_devSettings->liveReloadCallback != nullptr || m_devSettings->useFastRefresh) {
     auto jsBundleString = m_devManager->GetJavaScriptFromServer(
         m_devSettings->debugHost, jsBundleRelativePath, m_devSettings->platformName);