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do loan points make sense

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Does It Make Sense To Get a 30-Year Mortgage at Age 66? | The ...
Aug 17, 2012 . If yes, does it make financial sense to do this? . is already 66, does it make sense to take out a loan that will only be paid off when s/he's 96? . And for the same reason, let's say the upfront fee, aka "points," would be $1500.
http://www.pbs.org/newshour/businessdesk/2012/08/does-it-make-sense-to-get-a-30.html

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Consider Paying Home Mortgage Discount Points
Aug 25, 2009 . However, this does not apply to points paid for a refinance loan. . Its worth the time to compare if paying down points make sense or not.
http://www.manausa.com/home-loan-points/

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Should you pay points or take a higher interest?
Bankrate.com provides a FREE mortgage points calculator and other mortgage . To decide, you need to consider: (1) Whether you can afford to make the upfront payment now for points. . The longer you plan to have your mortgage, the more it makes sense to pay for . How long do you expect to stay in your next home?
http://www.bankrate.com/calculators/mortgages/mortgage-point-adviser.aspx

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Mortgage Points: A Simple Guide from Bank of America
A point is equal to 1% of your home loan amount (or $1,000 for every $100,000), and it's . To find out whether points could work for you, ask yourself two things: Do you have the cash . Buying points to lower your rate may make sense if: .
http://learn.bankofamerica.com/articles/home-loans/what-are-points-.html

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    Discount Points - Should You Buy Points to Lower Your Interest Rate
    Here are some tips that will help you decide if buying points makes sense for your . rather than collecting the interest as you make payments on your loan. . Calculate the amount of your monthly payment at the lower rate if you do pay points.
    http://homebuying.about.com/cs/mortgagearticles/a/discount_points.htm

How Do I Calculate the Cost of Mortgage Loan Points? | Home ...
How Do I Calculate the Cost of Mortgage Loan Points? . Compute the costs of your mortgage loan points. . Does Paying Points on a Mortgage Make Sense?
http://homeguides.sfgate.com/calculate-cost-mortgage-loan-points-7606.html

Mortgage Refinance Guide | www.clarkhoward.com
Oct 27, 2010. your mortgage payment a significant amount, would probably make sense. . It gives you the option of selecting the number of points you want to pay. Remember to call and verify the loan rate, and make sure the loan officer you . Do I have to stay with my existing mortgage company when I refinance?
http://www.clarkhoward.com/news/clark-howard/homes-real-estate/refinance-guide/nFbT/

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