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%.
Sales taxes. Colorado's state sales tax is 2.9% on retail sales. Many counties and cities charge their own rates in addition to the base state rate. Certain county and special district taxes may apply. In Colorado taxing jurisdictions where the state administers collection, most goods are subject to sales tax, and most services are not. However, jurisdictions that collect taxes themselves can establish their own regulations as to which goods and services are subject to their local sales and use taxes.