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    thly payment.

    Points are fees paid to the lender at closing. Each "po

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    So let's look at how you can custom fit a rate to your needs, and address how you can secure your interest rate.

    The interest rate on a loan is used to calculate your monthly payment. The higher the interest rate, the higher your monthly payment. The lower the interest rate, the lower your monthly payment.

    Points are fees paid to the lender at closing. Each "poi

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    ow you can secure your interest rate.

    The interest rate on a loan is used to calculate your monthly payment. The higher the interest rate, the higher your monthly payment. The lower the interest rate, the lower your monthly payment.

    Points are fees paid to the lender at closing. Each "po

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    used to calculate your monthly payment. The higher the interest rate, the higher your monthly payment. The lower the interest rate, the lower your monthly payment.

    Points are fees paid to the lender at closing. Each "po

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    igher your monthly payment. The lower the interest rate, the lower your monthly payment.

    Points are fees paid to the lender at closing. Each "po

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    thly payment.

    Points are fees paid to the lender at closing. Each "point" is equal to 1% of the loan amount. For a $100,000 loan, a point equals $1,000. Two points would be $2,000. With many loans, you can lower the rate by paying more points. If you have the cash, it's a good way to save money on interest over the life of your loan. See how points affect rates. If yo

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