3-Good Credit vs. Bad Credit Bob has bad credit and Greg has good credit. They both want to buy a $300,000 house in the same neighborhood, but Bob was quoted a 7.5% interest rate and Greg was given a 2.75% interest rate. What was Bob's and Greg's Monthly payment for their 30 year mortgage (360 months)? Bob's S2097.64 Greg's_S1224.73 How much more does Bob pay for his house then Greg over the life of the loan? $314.247.6 How much total interest does Bob pay for his house (subtract out the $300,000 principle on the loan)? S455,150 If Bob paid an extra $300 a month for his house how many months sooner would he pay off his house? How much interest would he save over the life of the loan? 92 months $ 168,937.01 OLIVE OLIVE UCUN U METUUSILIOMA