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 median annual property tax paid by homeowners in Summit County is $2,308, the 13th highest amount in the state. That is about $320 higher than the state median. However, it is worth noting that homeowners in nearby Cuyahoga County pay an even higher amount annually, at $2,798.