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2. Mortgage Points: What Exactly Are They? - AOL

   www.aol.com/mortgage-points-exactly-190013333.html

   The mortgage points calculators found on various lenders’ websites show you how that plays out in real terms. For example, the $300,000 loan with two points that reduces the interest rate from 7 ...

3. Mortgage points: What are they and how do they work? - AOL

   www.aol.com/finance/mortgage-points-192840885.html

   In this example, the borrower bought two discount points costing 1 percent of the loan principal, or $3,200 each. By buying two points for $6,400 upfront, the borrower’s interest rate shrank to ...

4. How to get the best refinance rate on your mortgage - AOL

   www.aol.com/finance/best-refinance-rate-mortgage...

   With mortgage points, you pay the lender upfront for a lower rate over the life of the loan. One point is equal to 1 percent of the loan amount. One point is equal to 1 percent of the loan amount.

5. Discount points - Wikipedia

   en.wikipedia.org/wiki/Discount_Points

   Discount points. Discount points, also called mortgage points or simply points, are a form of pre-paid interest available in the United States when arranging a mortgage. One point equals one percent of the loan amount. By charging a borrower points, a lender effectively increases the yield on the loan above the amount of the stated interest rate.

6. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   4%. Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing arrangement. Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [2]

7. Seller's points - Wikipedia

   en.wikipedia.org/wiki/Seller's_points

   Seller's Points (or seller contributions) are lump sum payments (or finance charges) made by the seller to the buyer's lender to reduce the cost of the loan to the buyer. [1] One point is equal to 1% of the loan amount. [2] The payment can either be required by the lender or volunteered by the seller. Typically, this situation takes place when ...