How your credit score can affect your monthly payments based on a 36 month retail purchase for a $25,000 auto loan:

Interest rates accurate as of: 

FICO Score	Interest Rate	Monthly Payment
760-850	6.290%	$1,237
700-759	6.512%	$1,266
660-699	6.796%	$1,303
620-659	7.606%	$1,413
580-619	9.451%	$1,675
500-579	10.310%	$1,801

Source: myFico

 

How your credit score can affect your monthly payments based on a 30 year fixed-rate mortgage for a $300,000 home loan:

Interest rates accurate as of:

FICO Score	Interest Rate	Monthly Payment
760-850	6.290%	$1,237
700-759	6.512%	$1,266
660-699	6.796%	$1,303
620-659	7.606%	$1,413
580-619	9.451%	$1,675
500-579	10.310%	$1,801

Source: myFico

 

 

The higher your FICO score the lower your payments!

Items successful deleted:

• Bankruptcies
• Judgments
• Tax Liens
• Foreclosures
• Repossessions
• Charge Offs
• Collections
• Slow Pays