Should I Pay Points to Lower Interest Rate ?

Input Information

Loan Information
Amount :	($)
Interest Rate :	(%)
Interest Rate with Points :	(%)
Length :	(Yrs)
Additional Information
Points :	(%)
Your Savings Rate :	(%)
Let Me Print That Form in PDF!
Show Schedule Table

Financial Analysis

	Without Points	With Points
Amount Financed :	$250,000.00	$250,000.00
Monthly Principal and Interest :	$1,304.12	$1,215.26
Monthly Payment Savings :	$88.86
Points Value :	$2,500.00
Monthly Investment Savings :	$10.42
True Monthly Savings :	$78.44
Break Even :	2 Years 8 Months

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.

Mortgage calculators by MSTools

TEL: 650-520-5429 | FAX: 650-570-5197 | INFO@MPRHOMES.COM