Lifetime cost of bad credit
Illustrative extra interest over years if rates stay at a weaker score band vs a stronger one.
Estimate illustrative extra interest over a multi-year horizon if rates stay at a weaker score band vs a stronger one. Fixed example balances - not your loans.
5-40
Horizon extra cost
$162,289.92
extra interest over 20y (illustrative)
- Mortgage (illustrative $350k / 30y)
- $149,076.00 over horizon · full-term $223,614.00
- Auto loan (illustrative $30k / 5y)
- $10,077.60 over horizon · full-term $10,077.60
- Card payoff (illustrative $8k / 4y)
- $3,136.32 over horizon · full-term $3,136.32
Illustrative fixed balances, terms, and APRs only - not your real loans. Extra cost is interest at your band vs the compare band, scaled to the horizon. Not a prediction or guarantee.
Educational estimates only. Not credit repair advice, not a guarantee of score changes or loan approval. Results vary; we are not a lender or law firm.