What Are Mortgage Points and Should You Buy Them? | Zillow
https://www.zillow.com/learn/mortgage-points/
Web ResultDec 8, 2022 · Each mortgage point you buy lowers your interest rate by 0.25%. So, if you’re taking out a $300,000 home loan with a 10% down payment (making your loan amount $270,000), each point would cost you $2,700. If your interest rate was at 6.5%, buying a discount point would lower your interest rate to 6.25%.
DA: 100 PA: 16 MOZ Rank: 95