Wednesday, December 23, 2009, 12:15AM ET - U.S. Markets open in 9 hours and 15 minutes.
Loans
Should I Pay Discount Points For A Lower Interest Rate?
In some cases, it may benefit you to 'buy down the interest rate' by paying extra money up front in the form of discount points. Use this calculator to help determine if this makes sense for you.
| Assumptions | Input |
|---|---|
 | |
|
| Mortgage Alternatives | Loan1: Less Points | Loan2: More Points |
|---|---|---|
| ||
| ||
| ||
This calculator is provided by Financial Calculators, Inc., and is intended solely for general information and educational purposes. You should not take any action on the basis of the information provided through this calculator. Please see the disclaimer for further information and limitations.
Rate This calculator
Rates
See today's average rates across the country.
-
Loan Type Today Last Week 30 Year Fixed 5.20% 5.07% 15 Year Fixed 4.65% 4.47% 1 Year ARM 3.91% 3.94% 30 Year Fixed Jumbo 5.97% 5.90% 5/1 ARM 4.28% 4.32% 3/1 ARM 5.02% 4.95% Source: Bankrate -
Loan Type Today Last Week $30K Home Equity Loan 8.37% 8.37% $50K Home Equity Loan 8.27% 8.26% $75K Home Equity Loan 8.30% 8.29% $30K HELOC 5.16% 5.19% $50K HELOC 4.90% 4.92% $75K HELOC 4.90% 4.93% Source: Bankrate -
Loan Type Today Last Week 36 Month New Car Loan 6.71% 6.70% 48 Month New Car Loan 6.84% 6.81% 60 Month New Car Loan 6.88% 6.85% 72 Month New Car Loan 6.12% 6.12% 36 Month Used Car Loan 7.17% 7.17% 48 Month Used Car Loan 7.05% 7.05% Source: Bankrate -
Card Type Today Last Week Business Credit Cards 10.74% 9.74% Low Interest Credit Cards 11.97% 11.75% Balance Transfer Credit Cards 12.09% 12.20% Cash Back Credit Cards 12.49% 12.08% Instant Approval Credit Cards 13.32% 13.32% Reward Credit Cards 13.42% 13.29% Source: CreditCards.com
More from Yahoo! Sources
Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data and daily updates provided by Morningstar, Inc. Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.
Yahoo! Answers is provided for informational purposes only, and no Q&A is intended for trading or investing purposes. Yahoo! shall not be responsible or liable for the accuracy, usefulness or availability of any Q&A information, and shall not be responsible or liable for any trading or investment decisions based on such information. View Complete Answers Disclaimer.