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.

  1. First, determine the total loan amount ($). 
  2. Next, gather the formula from above = LP = LA * .01.
  3. Finally, calculate the Lender Point.
  4. 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