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Mortgage Points

 

Buying points when you close your mortgage can reduce its interest rate, which in turn reduces your monthly payment. Each point will cost you 1% of your mortgage balance. This calculator helps you determine if you should pay for points or use the money to increase your down payment.







© Ascent Home Lending, LLC

NMLS 1031959 | 5600 W Lovers Lane Ste 211 | Dallas, TX 75209

Office: 214.353.7701 | Fax: 866.881.1779

Jonathan Doddridge, Residential Mortgage Loan Originator

NMLS 657641

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