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Mortgage Calculator     
Calculators Provided by: IMAGEPROWEBSITE.COM

Should I Pay Points to Lower My Interest Rate?

Input Information
Loan Information
Amount : ($)
Interest Rate : (%)
Interest Rate with Points : (%)
Length : (Yrs)
Additional Information
Points : (%)
Your Savings Rate : (%)

Financial Analysis (Switch to Plain English)
  Without Points With Points
Amount Financed : $250,000.00 $250,000.00
Monthly Principal & Interests : $1,122.61 $1,266.71
Monthly Payment Savings : $-144.10
Points Value : $2,500.00
Monthly Investment Savings : $10.42
True Monthly Savings : $-154.52
Break Even : Bad Data - please check your inputs
Plain English Help (Switch to Financial Analysis)

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.