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%.
The Colorado state sales tax rate is 2.9%, and the average CO sales tax after local surtaxes is 7.44%. Colorado allows cities and counties to collect additional local sales taxes on top of the Colorado sales tax - Denver, for example, has a sales tax of 3.62% on tangible items and Falcon, Colorado is subject to an additional 1% county sales tax.