When you are making purchases worth thousands of dollars, a small difference in the interest rate of your loan can make a big difference in hundreds and thousands of dollars. (deserve.com)
Unlike smaller mortgage loans, a half percent difference in the interest rate on a $ 700,000 loan amount can add up over time. (themortgagereports.com)
Good credit score and equity in home or car make a big difference in interest rate charged for loans. (debt.org)