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%.
Personal income tax. The Colorado income tax rate is a flat 4.63 percent of your federal taxable income, regardless of income level. Colorado tax returns are due April 15, or the next business day if that date falls on a weekend or holiday.