: Divide the upfront cost of the points by your monthly savings to see how many months it will take to recoup the investment.
: You can ask the home seller or builder to pay for your points as a closing incentive, effectively buying down your rate at no upfront cost to you. how to buy down points on a mortgage
: Ask your loan officer for a menu of interest rate options. This sheet shows the cost (in points) or credit associated with different rates. : Divide the upfront cost of the points
: On your Loan Estimate or Closing Disclosure, these fees are often listed as "prepaid interest". Step-by-Step Guide to Buying Points how to buy down points on a mortgage