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%.
Colorado has low property taxes and a flat income tax rate of 4.63%. Coloradoâs sales tax is the lowest in the country out of states with a sales tax, but county and city taxes mean Coloradoans can end up paying much more.