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%.
The City of Colorado Springs sales and use tax rate was 2.50% for all transactions occurring on or before December 31, 2015. In addition to Colorado Springs Sales Tax, the City Code imposes a 2.0% Lodger's Tax and 1.0% Auto Rental Tax to be used to attract visitors and to enhance the economy of the City and the Pikes Peak Region.