diff --git a/mm/page_alloc.c b/mm/page_alloc.c
index a762be57e46e..59de90d5d3a3 100644
--- a/mm/page_alloc.c
+++ b/mm/page_alloc.c
@@ -692,34 +692,28 @@ static inline void __free_one_page(struct page *page,
 	unsigned long combined_idx;
 	unsigned long uninitialized_var(buddy_idx);
 	struct page *buddy;
-	unsigned int max_order = MAX_ORDER;
+	unsigned int max_order;
+
+	max_order = min_t(unsigned int, MAX_ORDER, pageblock_order + 1);
 
 	VM_BUG_ON(!zone_is_initialized(zone));
 	VM_BUG_ON_PAGE(page->flags & PAGE_FLAGS_CHECK_AT_PREP, page);
 
 	VM_BUG_ON(migratetype == -1);
-	if (is_migrate_isolate(migratetype)) {
-		/*
-		 * We restrict max order of merging to prevent merge
-		 * between freepages on isolate pageblock and normal
-		 * pageblock. Without this, pageblock isolation
-		 * could cause incorrect freepage accounting.
-		 */
-		max_order = min_t(unsigned int, MAX_ORDER, pageblock_order + 1);
-	} else {
+	if (likely(!is_migrate_isolate(migratetype)))
 		__mod_zone_freepage_state(zone, 1 << order, migratetype);
-	}
 
-	page_idx = pfn & ((1 << max_order) - 1);
+	page_idx = pfn & ((1 << MAX_ORDER) - 1);
 
 	VM_BUG_ON_PAGE(page_idx & ((1 << order) - 1), page);
 	VM_BUG_ON_PAGE(bad_range(zone, page), page);
 
+continue_merging:
 	while (order < max_order - 1) {
 		buddy_idx = __find_buddy_index(page_idx, order);
 		buddy = page + (buddy_idx - page_idx);
 		if (!page_is_buddy(page, buddy, order))
-			break;
+			goto done_merging;
 		/*
 		 * Our buddy is free or it is CONFIG_DEBUG_PAGEALLOC guard page,
 		 * merge with it and move up one order.
@@ -736,6 +730,32 @@ static inline void __free_one_page(struct page *page,
 		page_idx = combined_idx;
 		order++;
 	}
+	if (max_order < MAX_ORDER) {
+		/* If we are here, it means order is >= pageblock_order.
+		 * We want to prevent merge between freepages on isolate
+		 * pageblock and normal pageblock. Without this, pageblock
+		 * isolation could cause incorrect freepage or CMA accounting.
+		 *
+		 * We don't want to hit this code for the more frequent
+		 * low-order merging.
+		 */
+		if (unlikely(has_isolate_pageblock(zone))) {
+			int buddy_mt;
+
+			buddy_idx = __find_buddy_index(page_idx, order);
+			buddy = page + (buddy_idx - page_idx);
+			buddy_mt = get_pageblock_migratetype(buddy);
+
+			if (migratetype != buddy_mt
+					&& (is_migrate_isolate(migratetype) ||
+						is_migrate_isolate(buddy_mt)))
+				goto done_merging;
+		}
+		max_order++;
+		goto continue_merging;
+	}
+
+done_merging:
 	set_page_order(page, order);
 
 	/*