ilmscore | Prediction Details
"let's say you want to buy a $500,000 house in Texas with a good credit score you might qualify for a 30-year mortgage at a 6.5% interest rate now if you had an average credit score your interest rate might be a little bit higher 7% now that's just a point .5% difference now that 5% difference in your mortgage rate could actually amount to over $39,000 in saved interest over the course of your mortgage"
By Humphrey Yang | July 18, 2024 | Pending
From video
7 Major Differences Between Rich and Poor People 00:11:14 - 00:11:37
Interpreted Prediction
A 0.5% lower interest rate on a $500,000 30-year mortgage (e.g., 6.5% vs 7.0%) will save over $39,000 in interest over the loan's duration.

Prediction Details

Topic
Credit Score / Mortgage Savings

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