as a larger down payment (which will also affect your payment since you will borrow less etc.).
It’s possible to "buy" the points upfront to ensure the interest rates are low when you’re getting the loan. Buying the points can help you down the line by guaranteeing that you save money on your monthly payments, especially if you plan to stay in the house for an extended period. Further related to taxes and property ownership is that once you own a house, you’re a property owner, with the obligation to pay property taxes.
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