A____ is interest paid in a lump sum up front to get a lower rate on your mortgage. Each costs of the mortgage amount. O point; point; 5% O closing fee; closing fee; 2% O APR; APR: 1% O point; point; 1% The the maturity of a loan, the the payments. O Maturity does not effect repayment schedule O shorter; smaller O longer; larger O shorter; larger