Serving Clients with Personal Attention Since 1933

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Please try our wide variety of interactive financial problem solvers. Simply enter your criteria and you'll get your questions answered with dynamic graphs and personalized reports.

Should I Pay Discount Points For A Lower Interest Rate?

In some cases, it may benefit you to 'buy down the interest rate' by paying extra money up front in the form of discount points. Use this calculator to help determine if this makes sense for you.


Assumptions
Mortgage Alternatives
    Loan1: Less Points Loan2: More Points
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Greenlee, Kurras, Rice, Brown
Certified Public Accountants
627 N Donnelly Street, Mount Dora, FL 32757

Phone: (352) 383-6300 | Fax: (352) 383-6356 | info@gkrb.com
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Certified Public Accountants 2021