Mortgage Calculators

Should I Pay Points to Lower Interest Rate?

Input
Loan Info
Amount ($)
Interest (%)
Interest with Points (%)
Loan Length (Yrs)
Additional Info
Points (%)
Savings Rate (%)
Financial Analysis
  Without Points With Points
Amount Financed $200,000.00 $198,000.00
Monthly Payment $Infinity $Infinity
Monthly Payment Savings $NaN
Points Value $2,000.00
Monthly Investment Savings $8.33
True Monthly Savings $NaN
Break Even