HomeTermsCompareFinance Discount PointsThe definition for Discount Points:The fee associated with the note rate for your loan, the more discount points you pay the lower the rate you can buy, the fewer you pay, the higher your rate. If the rate is high enough, the loan is priced above par and these premium points are available to pay closing costs creating a no or low fee loan. Click to compare definitions of Discount Points Click to view definitions beginning di |