Credit that’s considered good is in the 700 range. And with that type of credit, you’ll be able to buy a house, even though some think you can only get a house with excellent credit.

The place where you’ll see the effects of your credit score the most is in how much you have to pay on your interest rate. Typically, when you have a higher credit score, you’ll get a lower interest rate.

For instance, if you were to try and buy a $200,000 home mortgage, this is what interest rates would look like based on your credit:

• 760-850 score — $84,000
• 700-759 — $92,400
• 680-699 — $99,200
• 660-679 — $107,500