Discount points represent additional money you can pay to the lender at closing. If you pay more points it will lower the interest rate. Usually, for each point you pay for a 30-year loan, your interest rate is reduced by about 1/8th (or .125) of a percentage point.
Summit County, CO Sales Tax Rate. The current total local sales tax rate in Summit County, CO is 6.375%. The December 2016 total local sales tax rate was 5.775%.
State of Colorado rate is 2.9%. El Paso County rate is 1.23%. Pikes Peak Rural Transportation Authority rate is 1%. (To calculate the correct amount of sales tax, visit the State of Colorado Sales Tax Rate Generator).