Buying Points On Mortgage Direct

: You plan to stay in the home well past the break-even point, typically more than 5–7 years.

The cost and impact of points are generally standardized across the industry, though specific offers vary by lender: buying points on mortgage

: If buying points reduces your down payment to below 20%, the resulting cost of private mortgage insurance (PMI) may exceed your interest savings. : You plan to stay in the home

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