Should I Pay Points to Lower Interest Rate?
Input
Financial Analysis
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Without Points
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With Points
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Amount Financed
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$200,000.00
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$198,000.00
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Monthly Payment
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$1,247.74
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$1,167.15
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Monthly Payment Savings
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$80.59
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Points Value
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$2,000.00
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Monthly Investment Savings
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$8.33
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True Monthly Savings
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$72.26
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Break Even
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2 Yrs 4 Mts
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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.
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