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According to FICO, a low score — say, 620 — means paying 5.7 percent on a 30-year mortgage loan. A great score — say, 760 or higher — could qualify you for a much lower rate of 4.1 percent. Borrow $200,000, and over the life of the loan, the lower interest rate will save $52,000 in interest — enough to put your kids through college. ................
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