Which is Worse, a Higher Interest Rate or More Points?
- By Ed Lathrop
- Published 05/28/2007
- Mortgage
- Unrated
Ed Lathrop
Ed Lathrop is a successful Real Estate investor. He has developed EzCalculator, a Mortgage Calculator that calculates anything to do with mortgages, shows you how to pay off credit card debt and much more. EzCalculator includes a Biweekly Mortgage Calculator and the famous "How to Make $100,000 on Paying Down Your Mortgage" calculator. There are no popups or spyware at this site. Come visit this free site at Free Mortgage Calculator!
http://www.ezcalculator.com
Which is Worse, a Higher Interest Rate or More Points?
Saving a lot of money on a mortgage isn't all that complicated. Get a lower interest rate and save. Get a higher interest rate and pay more. So, shopping around for the best interest rate can
be very beneficial to your bottom line.
Have you ever wondered where a point enters into the equation? Though it can be very confusing, don't overlook the number of points you pay on your mortgage.
Have you ever wondered where a point enters into the equation? Though it can be very confusing, don't overlook the number of points you pay on your mortgage.