Loan Points Calculator can be used to make decision on whether it is better to pay points for a lesser rate of interest or to pay afterwards in the loan period. In the other words, it helps in determining the amount you can save off your mortgage per month by paying points and the time-frame to recover the paid points. When you are paying by points it means that with each point you are paying 1% of the total amount.  Loan Points Calculator Loan Amount ($)   Term in Years   Rate Without Points (%)   Rate With Points (%)   Loan Points   Saving Rate (%)