What are "loan points"

Neil Tipping's Avatar

Neil Tipping

04 Jun, 2018 09:41 PM

Setting up a loan part way through its term - what are loan points?


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  1. Loan Calculator

    The Loan Calculator calculates the amount of loan payments, as well as the total interest and total paid for a loan. It is located under Tools → Loan Calculator.

    To complete this screen, follow the steps below -

    • Choose the appropriate currency.
    • Input the principal amount you intend to borrow.
    • Input the anticipated interest rate you'll be charged.
    • If appropriate input the loan points.
    • Input the nu...
    See more..

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