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Paying points for a lower interest
may make sense, depending on your personal situation.
A point - of 1% of the total loan amount
- is an upfront fee that decreases your monthly interest
rate and total interest due over the term of your loan.
Make use of our calculator to determine the fee and
actual saving of loan points. Compare
the fee you pay at beginning of the Loan to what you
save at the end of the Loans term. |
