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 countyâs average effective property tax rate (which is equal to median annual property taxes as a percentage of median home value) is just 1.37%. That is lower than the state average (1.52%) and the rate in neighboring Summit County (1.70%).