How much money you can save with Great Credit?
If your credit score is 760 and you buy a $200,000 home with a 30 years fixed loan at 4.02% interest, your payment will be $963 a month and you will pay $146,734 in total interest.
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But if your credit score is 620, your monthly payment will be $1,155 and you will pay $216,110 in total interest. With bad credit, you will pay $69,376 more for the very same house.
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