Your FICO® score is essential for getting a good mortgage – today more than ever.

Qualifying for mortgages is more difficult in today's economy. In many cases, a low FICO® score will prevent you from qualifying for the mortgage you want. In nearly all cases, your FICO score will play a large role in the rate you're offered on your mortgage. Simply put, a good FICO score can save you thousands of dollars each year on your mortgage payments.

Enter your potential home information into this calculator and see how much money your FICO® score will cost or save you each month.

FICO® score	APR	Monthly payment *
760-850	3.258%	$1,307
700-759	3.480%	$1,344
680-699	3.657%	$1,374
660-679	3.871%	$1,410
640-659	4.301%	$1,485
620-639	4.847%	$1,583

Loan Type Location
Loan amount

For scores above 620, the APRs above assume a mortgage with 1.0 points and 80% Loan-to-Value Ratio. For scores below 620, these APRs assume a mortgage with 0 points and 60 to 80% Loan-to-Value Ratio. Assumes mortgage is for a single family, owner-occupied property. Source: Informa Research Services

Interest rates accurate as of May 20, 2013.

Make sure you know your score!

Knowing that a good FICO® score can save you thousands of dollars each year on your mortgage, can you afford not to know yours? Most mortgage lenders will look at your FICO scores from TransUnion, Equifax and Experian (currently, Experian FICO scores are not available for consumers to purchase) when evaluating your loan application. myFICO recommends that you ask your mortgage lender what your FICO scores need to be to qualify for their best rates and then check your scores. If your FICO scores aren't high enough, it may be in your best interest to wait until your scores change. If your score meets your lender's requirement for the rate you want, then now might be a good time to refinance. Knowing your FICO scores will help you make the best decision.

With FICO® Standard you get:

Your FICO® score from your choice of Equifax or TransUnion. You'll get a full explanation of your FICO score as well as factors causing your score to be what it is. FICO Standard also provides you with a view of how lenders see your specific FICO score when making lending decisions.

Your credit report from your choice of Equifax or TransUnion. Each credit report contains information on your credit accounts, a listing of those companies accessing your credit file and more. We'll also flag any accounts that are hurting your FICO® score.

The FICO® score simulator which analyzes your personal credit information and can help you understand the impact of any of your future actions such as paying off a credit card or opening a new account.