By using our service you may be able to save thousands of dollars. See how improving your credit by 50 - 100 points can impact your interest rate.
Example: $300,000.- 30 Year Mortgage
Your FICO Score
Interest Rate
Monthly Payment
Yearly Total
Average Yearly Savings
Average 30 Yr. Savings
760-850
5.875%
$1,775
$21,300
$504
$15,120
700-759
6.097%
$1,817
$21,804
$672
$20,160
660-699
6.381%
$1,873
$22,476
$1,944
$58,320
620-659
7.191%
$2,035
$24,420
$5,076
$152,280
580-619
9.205%
$2,458
$29,496
$2,616
$78,480
Under 580
10.195%
$2,676
$0
$0
Updated - 3/12/2008
Savings are based on prior (lower) score level. if you were to raise your score more than 1 level you would add the savings from each of the prior levels.
Example: Current Score: 520 New Score 642 Savings: $152,280 + $78,480 = $230,760