Chapter 07 - Mortgage Interest Rates versus Points

This presentations demonstrates the inverse relationship between your mortgage interest rate and the amount of "points" and other closing costs you pay for your loan. The lower the interest rate, the higher the points and other closing costs; the higher the interest rate, the lower the points and other closing costs. Every point is 1% of the loan amount. You can pay now or you can pay later!

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.