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Mortgage point online calculator


App Description

Select the currency, enter the value, and click Calculate. The result will be displayed.

Usage example

Input data:

Currency: US dollar

Total loan amount: USD 350,000.00

Annual interest rate (no point): 6.000%

Repayment period: 8 years

Annual interest rate (loan point): 7.000%

Point fee: 45.0

Click "Calculate" to output data    Payment point: USD 157,500.00

Monthly payment (no point): $4,599.50/month

Total cost: USD 441,552.06

Total interest paid: $91,552.06

Monthly payment (loan point): $4,771.80/month

Total cost: USD 458,092.89

Total interest paid: US$108,092.89

Points saved: -172.30 USD / month

Monthly recovery point: -914 months


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