Mortgage Credit Table
CREDIT SCORE
APR
MONTHLY PAYMENTS
TOTAL INTEREST
CREDIT SCORE
720–850
APR
5.8%
MONTHLY PAYMENTS
$2,528.53
TOTAL INTEREST
$258,558
CREDIT SCORE
690–719
APR
7%
MONTHLY PAYMENTS
$2,827.12
TOTAL INTEREST
$348,136
CREDIT SCORE
660–689
APR
9.4%
MONTHLY PAYMENTS
$3,467.02
TOTAL INTEREST
$540,108
CREDIT SCORE
620–659
APR
12%
MONTHLY PAYMENTS
$4,212.90
TOTAL INTEREST
$763,872
CREDIT SCORE
590–619
APR
16.1%
MONTHLY PAYMENTS
$5,466.97
TOTAL INTEREST
$1,140,093
CREDIT SCORE
500–589
APR
20%
MONTHLY PAYMENTS
$6,713.81
TOTAL INTEREST
$1,514,145
*This is for representation only. Based on a 500 000$ mortgage at 20% down payment fixed interest rate. on 25 years. Every client situation is different, contact us to get a mortgage solution for you.
720–850
5.8%
$2,528.53
$258,558
690–719
7%
$2,827.12
$348,136
660–689
9.4%
$3,467.02
$540,108
620–659
12%
$4,212.90
$763,872
590–619
16.1%
$5,466.97
$1,140,093
500–589
20%
$6,713.81
$1,514,145
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Mortgage Credit Table
*This is for representation only. Based on a 500 000$ mortgage at 20% down payment fixed interest rate. on 25 years. Every client situation is different, contact us to get a mortgage solution for you.
CREDIT SCORE
RATE
MONTHLY PAYMENTS
TOTAL INTEREST
720–850
5.8%
$2,528.53
$258,558
690–719
7%
$2,827.12
$348,136
660–689
9.4%
$3,467.02
$540,108
620–659
12%
$4,212.90
$763,872
590–619
16.1%
$5,466.97
$1,140,093
500–589
20%
$6,713.81
$1,514,145
720–850
5.8%
$2,528.53
$258,558
690–719
7%
$2,827.12
$348,136
660–689
9.4%
$3,467.02
$540,108
620–659
12%
$4,212.90
$763,872
590–619
16.1%
$5,466.97
$1,140,093
500–589
20%
$6,713.81
$1,514,145
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