Mortgage Reduction Calculator Uk Is 1/2 A Discount Point Reduction On A Mortgage A Good Deal?

Is 1/2 a discount point reduction on a mortgage a good deal? - mortgage reduction calculator uk

I want to buy a new house and my builder wants to add some changes that will cost $ 1000. I was told that the builder buys the loan at 1 / 2 point deduction. I have a thirty-year fixed-rate loan and is likely to remain at home for 5 to 7 years. Is it worth it?

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