Basis Points Conversion Calculator

You can use this basis points calculator to convert decimals and percentages into basis points, and vice versa. Simply input the value you want to convert into basis points, and the calculator will compute the output.

What are basis points?

Basis points (BPS) represent a unit that is employed to measure interest rates and other financial percentages. It is very simple to calculate basis points using a very straightforward formula. A basis point is equal to 1/100^th of a single percentage point. As such, it can be denoted as 0.01% or 0.0001 in decimal form.

Converting basis points to percentages

To convert basis points to percentages, you must first convert the basis point into a decimal. As one basis point is equivalent to 0.0001 as a decimal, you can quickly and easily convert basis points into a decimal by multiplying it by 0.0001.

For example, let's say your mortgage was charged at a rate of 150 basis points. You can compute the basis points as a percentage by multiplying the basis points by 0.0001 (150 × 0.0001 = 0.015). As such, the decimal and percentage equivalent of your mortgage basis points is 0.015 or 1.5%. respectively. Essentially, this means that your mortgage has an interest rate of 1.5%.

Converting percentage to basis points

If you have a mortgage that is charged at an interest rate in percentage and want to calculate the basis points, all you need to do is reverse the approach outlined above. For instance, if your mortgage is charged at an interest rate of 1.5%, you should convert this to a decimal form by dividing it by 100, which is 0.015. Divide this figure by 0.0001 to determine the basis points: 150 basis points.

Conversion between basis points, percentage, and decimal

The basic rules for converting basis points to percentages and decimals, and vice versa, are outlined below: