Discount points allow borrowers to pay
extra upfront cash in exchange for a lower interest rate and a less costly monthly payment.
Not exact matches
He earns an
upfront fee from those that wish to earn some
extra cash repairing iPhones, and also makes a few bucks on each replacement part (I assume).
Being prepared means familiarizing yourself with all the parties involved in the process and having
extra cash stashed away both for costs that may be hidden
upfront or on a more sporadic basis.
If you can scrape the
extra cash, it makes more sense to do a 5 % conventional if you have the higher credit scores — conventional insurance premimums are lower, there are no
upfront costs, and you can re-finance (using an appraisal!)