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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$250,000.00
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$247,500.00
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Monthly Payment
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$1,304.12
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$1,229.85
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Monthly Payment Savings
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$74.27
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Points Value
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$2,500.00
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Monthly Investment Savings
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$10.42
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True Monthly Savings
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$63.85
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Break Even
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3 Yrs 5 Mts
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