Basic Calculations - 100/month. Required link back.
Customize Calculations - unlimited. Customizable. No link.
Mortgage Points Formula:
Cost of Mortgage Points = Loan Amount * .01 * Number of Points
Mortgage Points Definition
The Mortgage Points Calculator will calculate just how much your mortgage points actually cost you in dollars. Each mortgage point is equivalent to 1% of your total loan balance. Sometimes it can be confusing to try and figure out how much mortgage points will actually cost you in real dollar terms so this Mortgage Points Calculator will let you instantly convert mortgage points to dollars if you just enter in your total loan amount and the number of mortgage points. Check out some of our other mortgage calculators: Mortgage Payment, Maximum Mortgage, Reverse Mortage, and many more.
How to Calculate Mortgage Points
Let's be honest - sometimes the best mortgage points calculator is the one that is easy to use and doesn't require us to even know what the mortgage points formula is in the first place! But if you want to know the exact formula for calculating mortgage points then please check out the "Formula" box above.
Add a Free Mortgage Points Calculator Widget to Your Site!
You can get a free online mortgage points calculator for your website and you don't even have to download the mortgage points calculator - you can just copy and paste! The mortgage points calculator exactly as you see it above is 100% free for you to use. If you want to customize the colors, size, and more to better fit your site, then pricing starts at just $29.99 for a one time purchase. Click the "Customize" button above to learn more!