Mortgage Points: What are They & How do They Work? | Chase
https://www.chase.com/personal/mortgage/education/financing-a-home/mortgage-points
WebEach mortgage discount point usually costs one percent of your total loan amount, and lowers the interest rate on your monthly payments by 0.25 percent. For example, if your mortgage is $300,000 and your interest rate is 3.5 percent, one point costs $3,000 and lowers your monthly interest to 3.25 percent. Are mortgage points tax deductible?
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