 TITLE: How to Buy Points on a VA Loan CONTENT: When Does It Make Sense to Buy Down Points on a VA Loan?\n--------------------------------------------------------\nThe break-even point is a good place to start when deciding if you should buy discount points on your VA loan. However, there are also other factors to consider to determine if it makes sense for you:\n*   You can get a concession from the seller to pay for some of your closing costs to help you afford discount points.\n*   You can afford to pay the cost upfront on a purchase loan.\n*   You plan to stay in the home long enough to reach the break-even point.\n*   On a refinance loan, your loan terms satisfy the requirements of the government agency.\nOn the flip side, buying VA loan points may be a bad decision if:\n*   You can't afford to make the upfront payment.\n*   You're not planning on staying in the home long enough.\n*   Your refinance loan terms don't meet the VA's requirements.\n*   Interest rates are already low, and the potential savings aren't worth it to you.\nAs with any financial decision, it's crucial that you take the time to consider your options, including their pros and cons, to ensure that you make the right decision. END