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Points

bal28 profile photo
  • Tuesday, December 23, 2003 @ 09:20 PM EST
  • 1 Comments

I am a little confused about how points factor into the math of a real estate loan. can someone help me

thanks

Comments(1)

  • no photo
    jhadd23rd December, 2003

    Points is a fancy way of saying percent. So if someone charged you 2 points on a 100,000 loan, you would pay 2,000 in points.

    Hope this helps !

    Jason

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