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Discount points (or points)
| Глоссарий в сфере недвижимости и ипотеки |
The amount paid either to maintain or lower the interest rate charged. each point is equal to one percent (1%) of the loan amount (i.e., two points on a $100,000 mortgage would equal $2,000).
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Annual membership, английский
The amount that is charged annually for having a line of credit available. often charged regardless of whether or not you use the line.
Gross debt service, английский
The amount of money needed to pay principal, interest and taxes, and sometimes energy costs. if the dwelling unit is a condominium, all or a portion of common fees are excluded, depending on what expenses are covered.
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