Question 10 of 10
The most Brendan can afford to pay per year in mortgage payments is
$10,500...
Mathematics, 24.05.2021 16:50 haileyparrill703
Question 10 of 10
The most Brendan can afford to pay per year in mortgage payments is
$10,500, and his credit score is currently 544. According to the following table
for a $150,000 mortgage, by how many points would he need to improve his
credit score in order to take a mortgage for $150,000?
FICO
Interest Monthly
Score
Rate Payment
720-850 5.59% $860
700-719 5.7196 $872
675-699 6.25% $924
620-674 7.4096 $1039
560-619 8.5396 $1157
500-559 9.29% $1238
O A. 156 points
O B. 131 points
O c. 16 points
O D. 76 points
Answers: 3
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