A ton of people are refinancing their personal homes and their investment properties.
One of the options you are often presented with during a refinance is the ability to buy down your interest rate. A lower interest rate means a lower monthly payment but it comes at an up-front cost.
Sometimes having that option can be confusing and it might not be clear what you should do.
There are actually several considerations including how long you plan to hold the property and what else you could do with the money required to buy down the interest rate.
I've created a spreadsheet to help you decide which option is right for you. Feel free to download it here: https://mailchi.mp/baf00df5dee8/discount-points