Enter the total loan amount ($) into the Calculator. The calculator will evaluate the Lender Point value.

## Lender Point Formula

LP = LA * .01

Variables:

- LP is the Lender Point (value of 1 lender point)
- LA is the total loan amount ($)

To calculate Lender Points, multiply the total loan value by .01.

## How to Calculate Lender Points?

The following steps outline how to calculate the Lender Point.

- First, determine the total loan amount ($).
- Next, gather the formula from above = LP = LA * .01.
- Finally, calculate the Lender Point.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

total loan amount ($) = 3000000