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It is not a fixed dollar amount, assuming you are referring to points quoted on a mortgage loan. A point refers to a percentage of the loan amount. Example. If you are borrowing $100,000 and you want a below market rate you may pay an extra point up front to have the 30 year fixed interest rate reduced by an eighth of a point. The cost would be $100,000 X 1% (or .01) = $1000. Or, mortgage companies often charge a one point origination fee, which is how they are paid for arranging the loan and paying the mortgage loan officer. It is paid at closing and would be $1000 in the previous example. If you are offered a loan with zero points origination, chances are the lender is making it up in the form of a higher interest rate.
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How much money do lobbyists make?
as much money as the people they represent pay! six to seven figures if you represent the tobacco industry - hardly anything if you represent small companies - Just like an attorney
What does a point represent on a graph?
A point can represent a piece of data or an (x,y) value.
How much money is too much money?
Too much money depends on the reference point of the question.
How much money is earned per point?
Feedback is not
How much does a point guard get paid?
the coach gives him money
Is there a point in money when it causes so much war?
Yes, there is.
How much money is a small crystal point worth?
10$
How much money did Vantage Point gross worldwide?
Vantage Point grossed $150,792,579 worldwide.
How much money did Match Point gross worldwide?
Match Point grossed $87,989,926 worldwide.
How much money does a football player make per point?
Money per point Depend if the football player is skillful and a professional From F.S. Nerd
What does money in Diwali represent?
Money represent prosperity. On this day we pray for wealth and prosperity.
What does the point represent?
the point is represent location , it has no dimension and it is named using capital letter\s .
