points Definition

points

Definition

Finance charges paid by the borrower at the beginning of a loan. One point is 1% of the loan amount.

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points is ...
... part of the Lending & Credit subject.

Related Terms

origination fee -

Annual Percentage Rate - More

APR - More

basis point, Black Monday, closing statement, Crash of 1987, decile rank, demand curve, HUD-1 statement, linear regression, settlement sheet, step variable costs and

points appears in these other terms

seller's points