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Mathematics, 10.11.2020 01:10 nuconteaza119

17. The most Lastri can afford to pay per year in mortgage payments is $13,900, and her credit score is 498. According to the following table for a $150,000
mortgage, by how many points would she need to improve this credit score in
order to take a mortgage for $150,000?
FICO
Score
720-850
700-719
675-699
620-674
560-619
500-559
Interest
Rate
5.59%
5.71%
6.25%
7.40%
8.53%
9.29%
Monthly
Payment
$860
$872
$924
$1039
$1157
$1238

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Answers: 2

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