What is the benefit of paying discount points as part of the closing costs? a. discount points give the buyer a discount on the mortgage. b. typically points lower the interest rate on the mortgage. the more points that a buyer pays up front, the lower the interest rate. c. points lower the overall cost of the home. the more points that a buyer pays up front, the lower the total cost at closing. d. discount points give you a discount from the title company where you go to sign the loan papers.

What is the benefit of paying discount points as part of the closing costs?
a.Discount points give the buyer a discount on the mortgage.b.Typically points lower the interest rate on the mortgage. The more points that a buyer pays up front, the lower the interest rate.c.Points lower the overall cost of the home. The more points that a buyer pays up front, the lower the total cost at closing.d.Discount points give you a discount from the title company where you go to sign the loan papers.

(ANSWER B) 

It is the top one. the answer is -7. that is smallest

The answer is b: step 2.