Fixing credit report errors can be the easiest way to lower rates and better loans Each additional percentage point of interest adds approximately $47,000 to a $200,000 home loan when paid over 30 years. An interest rate of 6% will cost you $1,199 a month and add up to $431,676 over three decades. That’s bad enough but consider just a percent more and the same loan will cost you $1,330 a month … [Read more...]
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