jessica331•5d agoProlific Poster

Pro tip: I saved way more than I thought by checking my credit score early.

I finally looked at my score six months before starting to look at houses. It was a 680. I worked on paying down one card and got it to 720. My lender in Charlotte said that jump saved me about $80 a month on my mortgage payment. Has anyone else seen a big change from a small score bump?

4 comments

4 Comments

finley_smith4d ago

Skeptic here too, @blake_kelly19 - isn't $80 a month just a rounding error on a mortgage payment anyway? Feels like you'd have to be buying a 200k house for that to actually move the needle.

juliaa655d ago

680 to 720 is a solid jump. $80 a month adds up quick.

blake_kelly195d ago

Whoa $80 a month? That's wild @juliaa65.

knight.uma5d ago

Man, eighty bucks a month just for a credit score bump? That seems steep. So basically you're paying that premium just to maybe qualify for a lower rate later? I gotta ask - are you actually seeing any real payoff from that, or is it more like you're just keeping the score propped up with monthly payments? Cause I've seen people get trapped in that cycle where they spend more on the fee than they ever save on interest. Just feels like the math needs to check out before you commit to that kind of recurring cost.