Credit scores affect your monthly payments:
| For a $216,000 30-year, fixed rate mortgage: |
|
|
| If your Credit score is: |
|
|
Your interest rate is: | ...and your monthly payment is: |
| 620 -639 |
7.48% |
$1,507 |
| |
|
|
| 760 - 850 |
|
|
5.89% |
$1,279 |
| 700 - 759 |
|
|
6.11% |
$1,310 |
| 680 - 699 |
|
|
6.29% |
$1,335 |
| 660 - 679 |
|
|
6.5% |
$1,365 |
| 640 - 659 |
|
|
6.93% |
$1,427 |
• Inside Credit Scoring • Inside Credit Bureaus • Your Middle Score • A Bad, Good, Great Score • Inside The Credit System • Credit Score Breakdown • Your Legal Rights • Analyze, Dispute, Delete • Inquiries, Late, Past Due • The Past 18 Months • Bankruptcy • Important Credit info • Steps To Raising Score • Credit Dispute Letters
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