https://i.imgur.com/lToUk4x.png
Above is a picture of my estimated mortgage loan if I accept it. I understand what all the boxes mean, except for points/rebate portion.
How does a -0.125% points/rebate effect this loan?
If I plug in all the numbers into a mortgage calculator but there is no points/rebate, it comes out to $2,408 per month on the principal and interest of the mortgage.
However, how does the -0.125% points/rebate work into this?
