Discount points: if you are paying discount points, you lower the rate of interest you spend throughout the life of the loan, which results much more competitive mortgage prices. The price of one point equals 1% associated with the loan quantity. Therefore for a financial loan of $250,000, a 1-point repayment would be $2,500. Generally speaking, having to pay points is worthwhile as long as you intend in which to stay your home for a time that is long. Otherwise, the upfront expense isn’t worth every penny. 继续阅读Expect you’ll spend about 0.5% of this quantity borrowing that is you’re a loan origination charge.