Taxpayers can only deduct the entire price of loan points on the purchase of the home. If a borrower pays loan points to obtain down the speed on a refinance, the deduction is spread out over the life of the loan. If a borrower arranges a 20-yr refinance, they can https://nybookmark.com/story15369786/how-loan-points-can-save-you-time-stress-and-money