: You can ask the home seller or builder to pay for your points as a closing incentive, effectively buying down your rate at no upfront cost to you.
: Ask your loan officer for a menu of interest rate options. This sheet shows the cost (in points) or credit associated with different rates. how to buy down points on a mortgage
: Divide the upfront cost of the points by your monthly savings to see how many months it will take to recoup the investment. : You can ask the home seller or