Points are prepaid interest and may be deductible as home mortgage interest, if you itemize deductions on Schedule A (Form...
what are points paid on a mortgage
Can you buy discount points after closing? No, the terms of your loan are set prior to closing. Similarly, How...
No, they aren’t the same thing but lenders often use the language to describe the same costs. A point is...
A mortgage point equals 1 percent of your total loan amount — for example, on a $100,000 loan, one point...
