Discount Points (or Points)

What is it? Points are an up-front fee paid to the lender at the time that you get your loan. Each point equals one percent of your total loan amount. Points and interest rates are inherently connected: in general, the more points you pay, the lower your interest rat

Added By: Hannah

Send To Friends!

If you'd like to send the Discount Points (or Points) definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Discount Points (or Points). If you need any more information on this term, please don't hesitate to contact us.