How to Calculate

4.499 with a buy down cost of .375% or $721.65.  P&I payment is $974.97
...
3.99% with a buy down cost of 1.625% or $3,127.19.  P&I payment is $918.64.

Savings per month 974.97-918.64 = $ 56.33 / month

Expense:  3127.19-721.65 = $ 2405.54

Breakeven period = 2405.54 / 56.33 = 42.7 month = 3 years and 8 month. 

 

所有跟帖： 

• you will need to compare the loan balance at the end of the term -Blueshirt- ♂ (0 bytes) () 01/08/2020 postreply 08:30:54

• It's included, check it out yourself. -柠檬椰子汁- ♂ (393 bytes) () 01/08/2020 postreply 09:12:31