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 :	(%)
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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.