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%.
$17,000 - $2,000 = $15,000 x 7.65% = $1,147.50. Sales tax is calculated on the net purchase price (which is the total purchase price less the amount allowed by a dealer for any trade-in). The rate of tax for Denver County residents is as follows: