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14. If Bryce could raise his credit score to 760 and keep the $75,000 down payment, could he afford his dream house?

1 Answer

5 votes

Answer:

Step-by-step explanation:

To determine whether Bryce can afford his dream house with a credit score of 760 and a $75,000 down payment, we would need to know the purchase price of the house, as well as other financial details such as his income, debt, and expenses. Without this information, it is impossible to determine if Bryce can afford the house.

However, having a credit score of 760 and a large down payment can improve his chances of getting approved for a mortgage loan and potentially getting a lower interest rate, which would make his monthly payments more affordable.

If Bryce can afford the mortgage payments, property taxes, and other associated costs of owning a home with a credit score of 760 and a $75,000 down payment, then he may be able to afford his dream house.

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