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%.
As for neighboring areas, the sales tax will be 6.5 percent in Lorain County, 6.75 percent in Geauga, Medina and Summit counties, and 7 percent in Lake and Portage counties. For any one purchase, the change really does amount to just pennies. Or, actually 1 cent for every $4 buy.