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Home > Money & Services > Mortgages   »   how do I calculate bases points

 
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Old May 7, 2007, 11:24 AM
rickrick
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how do I calculate bases points

How much is 150 basis points on a 200000 loan?

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Old May 8, 2007, 01:21 PM   #2  
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A basis point is 1/100 of 1 percent. So 150 basis points is 1.5%.
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Old Oct 22, 2007, 07:19 AM   #3  
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Quote:
Originally Posted by rickrick
How much is 150 basis points on a 200000 loan?
dont know
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Old Aug 11, 2008, 12:39 PM   #4  
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$300
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