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: On a $400,000 mortgage, a borrower with a 760+ score can save roughly $193,000 in total interest compared to someone with a score in the low 600s.
If you aren't at 760 yet, you can still qualify for homeownership through various programs: what is the ideal credit score to buy a house
: Higher scores often lead to cheaper Private Mortgage Insurance (PMI) premiums on conventional loans. Minimum Scores by Loan Type : On a $400,000 mortgage, a borrower with
: A 760+ score can result in monthly payments hundreds of dollars lower than those offered to "fair" credit borrowers. : On a $400