Window World Financing Credit Score Requirements Unveiled

Understanding Window World Financing

Window World offers financing solutions to make home improvement projects more accessible to homeowners. Understanding the available options and their benefits is crucial for making informed decisions about your project. This section delves into the specifics of Window World’s financing programs, outlining the types of projects covered and comparing their offerings to other financing alternatives.

Basic Financing Options Offered

Window World typically partners with financial institutions to provide various financing plans tailored to different customer needs and credit profiles. These plans generally include options such as:

• Fixed-Rate Loans: These loans offer a consistent interest rate throughout the loan term, providing predictable monthly payments. This can be beneficial for budgeting and long-term financial planning.
• Deferred Interest Plans: These plans may allow you to avoid interest charges if the balance is paid in full within a specified promotional period. However, it is important to fully understand the terms and conditions, as interest may be charged retroactively if the balance is not paid off within the stipulated timeframe.
• Revolving Credit Lines: Some programs may offer a revolving credit line that can be used for multiple projects or for additional purchases within the approved credit limit.

Types of Home Improvement Projects Financed

Window World’s financing options generally cover a wide array of home improvement projects. This includes:

• Window Replacement: This is a core service offered by Window World, and financing is readily available for window installation and replacement.
• Door Replacement: Financing can also be used for the installation of new entry doors, patio doors, and other door types.
• Siding Installation: Window World’s financing often extends to siding projects, allowing homeowners to update their home’s exterior.
• Other Exterior Projects: Depending on the specific financing program, options might be available for other exterior home improvements, such as roofing or gutter systems, although this can vary.

Advantages of Using Window World’s Financing

Choosing Window World’s financing can offer several advantages compared to other financing methods:

• Convenience: The financing process is often streamlined, as it is integrated directly with the home improvement project. This can simplify the application and approval process.
• Special Promotions: Window World frequently offers promotional financing deals, such as reduced interest rates or deferred payment options, that may not be available through other lenders.
• Project-Specific Focus: The financing is specifically designed for home improvement projects, potentially leading to more favorable terms and conditions compared to general-purpose loans or credit cards.
• Bundled Services: Financing can be bundled with the project itself, providing a single point of contact for both the project and the financing. This can simplify project management.

Credit Score Impact

Your credit score is a pivotal factor in determining the financing terms you’ll receive from Window World. It acts as a key indicator of your creditworthiness, influencing the interest rates, down payment requirements, and overall accessibility of financing options. A higher credit score typically translates to more favorable terms, while a lower score can lead to less advantageous conditions.

Credit Score Tiers for Eligibility

Window World, like most lenders, categorizes applicants based on their credit scores to assess risk. These tiers help determine the types of financing products and terms offered.

Window World’s credit score tiers typically align with industry standards, although the specific score ranges might vary. Here’s a general overview:

• Excellent: Generally, a credit score of 750 or higher falls into this category. Borrowers in this tier are considered low-risk and typically qualify for the most favorable terms, including the lowest interest rates.
• Good: Scores between 690 and 749 are usually considered good. Applicants in this range can still access competitive financing options, although interest rates might be slightly higher than those for excellent credit.
• Fair: A credit score between 630 and 689 is often considered fair. Financing is still available, but interest rates will likely be higher than those for the “Good” and “Excellent” tiers. Down payment requirements might also be more substantial.
• Poor: Scores below 630 typically fall into the poor credit category. Obtaining financing can be more challenging, and if approved, the terms will likely be less favorable, including significantly higher interest rates and potentially larger down payments.

It’s important to note that these ranges are illustrative. The specific cutoffs used by Window World may differ based on the lender and the financing program. It’s always advisable to check with Window World directly for their precise credit score requirements.

Interest Rates and Down Payment Requirements

A lower credit score significantly impacts the financial aspects of a Window World financing agreement, primarily through interest rates and down payment requirements.

The interest rate is the cost of borrowing money, expressed as a percentage of the loan amount. Window World, and any lender, adjusts interest rates based on risk. Borrowers with lower credit scores are considered riskier, meaning there’s a greater chance they might default on the loan. To compensate for this risk, lenders charge higher interest rates.

For example, consider two potential customers. Customer A has an excellent credit score (e.g., 780) and Customer B has a fair credit score (e.g., 650). Both are looking to finance a $10,000 window replacement project. Customer A might be offered an interest rate of 6%, while Customer B could be offered an interest rate of 12%. Over the life of the loan, this difference in interest rates would result in Customer B paying significantly more in total interest.

Down payment requirements are another area where credit score influences the financing terms. A down payment is an upfront sum paid by the borrower. Lenders use down payments to reduce their risk. A larger down payment means the borrower has more “skin in the game” and is less likely to default. Borrowers with lower credit scores often face higher down payment requirements.

Let’s say both customers from the previous example want a $10,000 window replacement project. Customer A, with an excellent credit score, might not be required to make a down payment, or the down payment could be very small (e.g., 5%). Customer B, with a fair credit score, might be required to make a down payment of 10% or more (e.g., $1,000), potentially increasing the initial financial burden.

Therefore, improving your credit score can lead to significant savings on your Window World financing by securing lower interest rates and potentially lower down payment requirements.

Minimum Credit Score Requirements

Understanding the credit score requirements is crucial for anyone considering Window World financing. Meeting these requirements is the first step toward securing funding for your home improvement project.

Minimum Credit Score for Qualification

Window World’s financing options cater to a range of credit profiles, but a minimum credit score is generally required. This score helps determine eligibility and the terms of the financing.

• Window World typically requires a minimum credit score for financing approval. While the exact number can fluctuate, a score in the range of 600 to 640 is often considered the baseline for some financing plans.
• Higher credit scores often lead to more favorable terms, such as lower interest rates and potentially higher loan amounts.
• It is important to note that these are general guidelines, and the specific requirements can vary based on the lender and the specific financing program offered at the time of application.

Credit Score Requirements Across Financing Plans

Window World offers various financing plans, and the credit score requirements can differ between them. The table below provides a general comparison.

Financing Plan	Minimum Credit Score (Example)	Interest Rate (Example)	Loan Term (Example)
Standard Financing	640	8.99% – 14.99%	60 – 120 months
Promotional Financing	680	0% – 7.99% (promotional period)	Varies, with shorter promotional periods.
Special Financing (e.g., for those with some credit challenges)	600	12.99% – 19.99%	36 – 72 months
No Credit Check Financing (May be offered through third parties)	N/A	Typically higher	Shorter terms

Window world financing credit score requirements – Disclaimer: The credit score ranges, interest rates, and loan terms provided are examples and may vary depending on the lender, applicant’s creditworthiness, and current market conditions. Always confirm the exact terms with Window World or the financing provider.

Credit Score Variation Based on Financing Amount

The amount of financing requested can also influence the credit score requirements. Lenders may be more stringent for larger loan amounts.

• For smaller projects, such as replacing a few windows, a slightly lower credit score might be acceptable.
• For larger projects, like replacing all the windows in a home or a complete siding overhaul, a higher credit score is often required to secure approval and potentially a more favorable interest rate.
• For example, a homeowner requesting $5,000 in financing might be approved with a credit score of 640, whereas a homeowner requesting $25,000 might need a score of 680 or higher.
• Lenders assess risk based on the loan amount, and larger loans inherently pose a higher risk of default.

Factors Affecting Credit Approval

Window World considers several factors beyond your credit score when evaluating your financing application. These factors help them assess your overall creditworthiness and ability to repay the loan. Understanding these aspects can increase your chances of approval.

Other Considerations for Approval

Beyond the credit score, Window World analyzes other aspects of your financial profile. These factors, when considered alongside your credit score, offer a more comprehensive picture of your financial stability.

• Income Verification: Proof of sufficient income is essential. This demonstrates your ability to make monthly payments. Window World will want to see that you have a steady income stream to ensure timely repayment.
• Employment History: A consistent employment history is a positive indicator. Stable employment suggests financial responsibility and reduces the risk of loan default. Consistent employment history generally shows a responsible approach to finances.
• Existing Debt: The amount of debt you currently have impacts your ability to take on new debt. High existing debt levels may decrease your chances of approval. Managing your debt responsibly is a key factor.
• Payment History: Your past payment behavior, including how you’ve handled other credit accounts, is crucial. A history of on-time payments is favorable, while late payments or defaults raise concerns. This includes all credit accounts and loans.
• Assets: The presence of assets, such as savings accounts or other valuable possessions, can strengthen your application. These assets can serve as a financial safety net. Having assets demonstrates financial stability.

Documentation Required for Application

Window World requires specific documentation to verify the information provided in your application. Having these documents ready can streamline the application process.

• Proof of Income: This typically includes pay stubs, W-2 forms, or tax returns. The specific documentation required can vary depending on your employment status (e.g., employed, self-employed).
• Identification: A valid government-issued photo ID, such as a driver’s license or passport, is required for verification. This confirms your identity.
• Proof of Address: A recent utility bill, bank statement, or lease agreement serves as proof of your current address. This verifies your residential information.
• Bank Statements: Providing bank statements can verify your income and assets. This gives a snapshot of your financial activity.
• Other Supporting Documents: Additional documents, such as documentation for other debts, may be required to provide a comprehensive view of your financial situation.

Debt-to-Income Ratio’s Influence on Approval

Your debt-to-income ratio (DTI) is a significant factor in the approval process. It measures the percentage of your gross monthly income that goes towards paying your debts.

Window World evaluates DTI to assess your ability to handle additional debt. A lower DTI generally increases your chances of approval.

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Debt-to-Income Ratio (DTI) = (Total Monthly Debt Payments) / (Gross Monthly Income)

For example, if your gross monthly income is $5,000 and your total monthly debt payments (including the new window financing) are $1,500, your DTI is 30% ($1,500 / $5,000 = 0.30 or 30%).

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Generally, a lower DTI is more favorable. Lenders often prefer a DTI below 43%. However, the acceptable DTI can vary depending on the lender and other factors, such as your credit score and income stability. High DTIs can signal that a borrower may struggle to make payments.

Improving Creditworthiness

Improving your creditworthiness is a crucial step toward securing financing, including Window World’s offerings. A strong credit profile signals to lenders that you’re a responsible borrower, increasing your chances of approval and potentially leading to more favorable terms, such as lower interest rates. This section Artikels actionable strategies to enhance your credit score and improve your overall financial standing.

Steps to Improve Credit Score Before Applying

Taking proactive steps to improve your credit score before applying for financing can significantly increase your approval chances. These steps focus on addressing the key factors that influence your credit score, demonstrating responsible financial behavior to potential lenders.

• Review Your Credit Reports: Obtain copies of your credit reports from all three major credit bureaus (Equifax, Experian, and TransUnion). You can do this for free annually through AnnualCreditReport.com. Carefully examine each report for any errors, such as incorrect accounts, inaccurate payment history, or fraudulent activity. Disputing these errors with the credit bureaus can lead to positive adjustments to your score.
• Pay Bills on Time: Payment history is the most significant factor in your credit score calculation. Establishing a consistent record of on-time payments is essential. Set up automatic payments for all your bills to avoid late payments. Even one late payment can negatively impact your score, so vigilance is critical.
• Reduce Credit Utilization: Credit utilization ratio is the amount of credit you’re using compared to your total available credit. Aim to keep your credit utilization below 30% on each credit card and overall. For example, if you have a credit card with a $1,000 limit, try to keep your balance below $300. Paying down balances before applying for financing can significantly boost your score.
• Avoid Opening New Credit Accounts: Opening multiple new credit accounts in a short period can sometimes signal financial instability to lenders. This can temporarily lower your credit score due to the hard inquiries that lenders make when you apply for credit. It’s generally advisable to avoid opening new credit accounts just before applying for financing.
• Maintain a Mix of Credit: Having a mix of credit accounts (e.g., credit cards, installment loans) can positively impact your credit score. However, don’t open new accounts solely for the purpose of building credit mix; focus on responsible use of existing accounts.
• Become an Authorized User: If you have a family member or friend with a strong credit history, ask to be added as an authorized user on their credit card. This can potentially help your credit score, as their positive payment history may be reflected on your credit report. However, this depends on the card issuer’s reporting practices.

Resources for Checking Credit Reports and Scores

Accessing your credit reports and scores is a crucial first step in understanding your credit health. Numerous resources provide these services, allowing you to monitor your credit standing and identify areas for improvement.

• AnnualCreditReport.com: This is the official website for obtaining your free credit reports from Equifax, Experian, and TransUnion. You can access your reports annually. This service is mandated by federal law.
• Credit Karma: Offers free credit scores and credit monitoring services. They provide scores from TransUnion and Equifax and offer insights into factors affecting your score.
• Credit Sesame: Provides free credit scores, credit monitoring, and personalized financial advice. They also offer tools to track your spending and identify ways to save money.
• Experian, Equifax, and TransUnion: Each of the three major credit bureaus offers its own credit monitoring and score services. These services may provide more detailed reports and alerts. These services are typically paid.
• Your Bank or Credit Union: Many banks and credit unions offer free credit score monitoring as a benefit to their customers. Check with your financial institution to see if they provide this service.

Method for Managing Debt to Increase Financing Approval

Effectively managing your debt is essential for improving your creditworthiness and increasing your chances of financing approval. A well-managed debt profile demonstrates to lenders that you can handle financial obligations responsibly.

• Create a Budget: Develop a detailed budget to track your income and expenses. This will help you identify areas where you can cut back on spending and allocate more funds toward debt repayment.
• Prioritize High-Interest Debt: Focus on paying off debts with the highest interest rates first, such as credit card debt. This “debt avalanche” method can save you money on interest payments over time.
• Consider Debt Consolidation: If you have multiple high-interest debts, consider consolidating them into a single loan with a lower interest rate. This can simplify your payments and potentially save you money.
• Explore Debt Management Plans: If you’re struggling to manage your debt, consider working with a credit counseling agency. They can help you create a debt management plan and negotiate with creditors.
• Avoid Taking on New Debt: While paying down existing debt, avoid taking on new debt unless absolutely necessary. This will allow you to focus your resources on reducing your debt burden.
• Negotiate with Creditors: Contact your creditors to see if they’re willing to lower your interest rates or offer payment plans. Even a small reduction in interest rates can make a big difference over time.

Application Process: Window World Financing Credit Score Requirements

The application process for Window World financing is designed to be straightforward, allowing homeowners to quickly determine their eligibility and understand their financing options. This section details the typical steps involved, providing a clear guide for prospective applicants.

Typical Application Process, Window world financing credit score requirements

The process generally involves an initial consultation, application submission, credit review, and finally, the approval or denial of financing. Understanding these steps can help streamline the process.

The typical application process unfolds as follows:

1. Initial Consultation: Contact Window World to discuss your project and financing needs. A representative will assess your requirements and explain available options.
2. Application Submission: You will complete a financing application, typically online or with the assistance of a Window World representative. This application gathers personal and financial information.
3. Credit Review: The application is submitted to the financing partner, who will review your credit history and other financial details.
4. Approval or Denial: Based on the credit review, you will receive a decision regarding your financing application. If approved, you will be presented with the terms and conditions of the loan.
5. Contract Signing: Upon approval, you will review and sign the financing agreement.
6. Project Commencement: With financing secured, Window World can begin your window or door replacement project.

Step-by-Step Procedure for Completing the Financing Application

Following a clear procedure can make the application process smoother. The steps are designed to guide applicants through the required information and ensure accuracy.

The following steps Artikel the process of completing the financing application:

1. Gather Required Information: Collect essential information, including your Social Security number, employment details, income verification (pay stubs, tax returns), and banking information.
2. Access the Application: Obtain the application form through the Window World website or from a representative.
3. Complete the Application: Fill out all sections of the application accurately and completely. Provide all requested information.
4. Review the Application: Before submitting, review the completed application for any errors or omissions.
5. Submit the Application: Submit the application electronically or as directed by the Window World representative.
6. Await a Decision: After submission, wait for the financing partner to review your application and make a decision.

Obtaining Pre-Approval for Window World Financing

Pre-approval can provide a clear understanding of the financing options available before committing to a project. It helps homeowners understand their budget and streamlines the overall process.

To obtain pre-approval, follow these steps:

1. Contact Window World: Reach out to Window World and express your interest in obtaining pre-approval.
2. Provide Necessary Information: Provide the required personal and financial information to the financing partner. This may include your name, address, income, and employment details.
3. Credit Check: The financing partner will conduct a soft credit inquiry to assess your creditworthiness. This initial inquiry does not impact your credit score.
4. Receive Pre-Approval Decision: You will receive a pre-approval decision, which Artikels the maximum loan amount and the terms offered. This pre-approval is typically valid for a specific period.
5. Consult with a Representative: Discuss the pre-approval with a Window World representative to understand your financing options.

Financing Terms and Conditions

Understanding the specifics of Window World’s financing options is crucial for making an informed decision. This includes a detailed look at repayment terms, interest rates, and any associated fees. This section provides a comprehensive overview to help potential customers assess the financial implications of their home improvement project.

Typical Repayment Terms Offered

Window World typically offers various repayment terms to accommodate different budgets and financial situations. These terms are designed to provide flexibility and make the financing more accessible.

Window World financing commonly offers the following loan durations:

• Short-Term Loans: These might range from 12 to 36 months. They typically come with lower overall interest costs but require higher monthly payments.
• Mid-Term Loans: These usually extend from 48 to 72 months. They offer a balance between monthly payment affordability and total interest paid.
• Long-Term Loans: Loan terms can extend up to 120 months or even longer. These have lower monthly payments but result in a higher total interest paid over the life of the loan.

The specific terms offered will depend on several factors, including the applicant’s creditworthiness, the amount of the loan, and any ongoing promotional offers. It’s essential to review the specific terms provided by Window World during the application process.

Comparison of Interest Rates with Other Home Improvement Loan Options

Comparing interest rates is a critical step in choosing the right financing option. Window World’s interest rates should be evaluated alongside other available options.

Here’s a comparison with alternative home improvement financing options:

• Window World Financing: Interest rates will vary depending on the applicant’s credit score and the loan terms. Promotional periods with 0% interest might be offered, but they often come with specific conditions.
• Personal Loans: Personal loans from banks or credit unions may offer competitive interest rates, especially for borrowers with good credit. These loans typically have fixed interest rates and repayment terms. Interest rates can range from around 6% to 36% or higher, depending on the lender and the borrower’s credit profile.
• Home Equity Loans and Lines of Credit (HELOCs): These options use the homeowner’s equity as collateral. Interest rates are often lower than personal loans, but they pose a higher risk as the home is used as collateral. Interest rates are variable and can fluctuate with market conditions.
• Credit Cards: Home improvement projects can be financed with credit cards. Interest rates are generally higher than other loan options, and it’s crucial to pay off the balance quickly to avoid accumulating high-interest charges.
• Government-Backed Loans: Some government programs, such as those offered by the Federal Housing Administration (FHA), may provide home improvement loans with potentially lower interest rates and more flexible terms.

The best option depends on individual financial circumstances. A borrower with excellent credit might secure a lower interest rate with a personal loan, while a homeowner with significant equity could benefit from a home equity loan.

Fees and Charges Associated with Financing

Understanding the fees and charges associated with Window World financing is vital for calculating the total cost of the loan. Transparency in this area is crucial for informed financial planning.

Window World financing may include the following fees:

• Origination Fees: Some lenders charge an origination fee, which is a percentage of the loan amount. This fee covers the cost of processing the loan application.
• Late Payment Fees: These fees are charged if a payment is not made by the due date. The amount of the fee will be specified in the loan agreement.
• Prepayment Penalties: Some loans might include a penalty for paying off the loan early. Window World’s policies regarding prepayment penalties should be clarified before taking out a loan.
• Annual Fees: Certain loan products, particularly home equity lines of credit, may include annual fees.

It is important to review the loan agreement carefully to identify all fees and charges.

Alternatives to Window World Financing

Replacing windows is a significant investment, and while Window World offers financing, it’s wise to explore all available options. Understanding alternatives can help you secure the best terms and interest rates, ultimately saving you money and making the project more affordable. Considering various financing methods allows for a more informed decision tailored to your specific financial situation and project needs.

Exploring Alternative Financing Options

Beyond Window World’s financing, several avenues can help you fund your window replacement project. Each option presents its own set of advantages and disadvantages, impacting factors like interest rates, repayment terms, and approval requirements. Carefully evaluating these alternatives ensures you select the most beneficial financing strategy.

Personal Loans

Personal loans are a common choice for home improvement projects. They are unsecured loans, meaning they don’t require collateral like your home.

• Advantages: Relatively quick approval process, fixed interest rates, and predictable monthly payments. They often offer a streamlined application process compared to home equity loans.
• Disadvantages: Interest rates can be higher than secured loans, and the loan amount might be limited depending on your creditworthiness and the lender. Loan amounts may not always cover the full cost of extensive window replacement projects.

Home Equity Loans and Home Equity Lines of Credit (HELOCs)

Home equity loans and HELOCs leverage the equity you’ve built in your home.

• Advantages: Typically offer lower interest rates than personal loans due to being secured by your home. Home equity loans provide a lump sum, while a HELOC offers a revolving line of credit. The interest paid may be tax-deductible, consult a tax professional.
• Disadvantages: Your home serves as collateral, meaning you risk losing it if you default. The application process can be more involved, and closing costs are often higher. HELOCs have variable interest rates, which can fluctuate over time.

Credit Cards

Using a credit card can be a viable option, especially for smaller window replacement projects or to take advantage of promotional offers.

• Advantages: Convenient access to funds, and some cards offer introductory 0% APR periods. Rewards programs can also provide benefits.
• Disadvantages: High-interest rates typically apply after the introductory period. Using a credit card may limit the project’s scope based on the available credit limit.

Comparing Financing Options

The table below compares Window World financing with other common financing choices. It provides a comparative analysis to help you assess the most suitable option for your situation.

Financing Option	Interest Rates	Approval Requirements	Loan Amounts	Pros	Cons
Window World Financing	Varies, often dependent on credit score.	Typically based on credit score and debt-to-income ratio.	Project-specific, can cover the full cost of Window World products and installation.	Convenient, can be bundled with the window purchase.	May have higher interest rates than secured loans, can be limited to Window World products.
Personal Loans	Fixed, typically higher than home equity options.	Based on credit score, income, and debt-to-income ratio.	Varies by lender, often up to $50,000.	Quick approval, unsecured.	Higher interest rates, loan amount may be limited.
Home Equity Loan	Fixed, typically lower than personal loans.	Based on home equity, credit score, and debt-to-income ratio.	Based on home equity, often significant amounts available.	Lower interest rates, potential tax benefits (consult a tax professional).	Secured by home, longer application process, closing costs.
Credit Cards	Variable, can have introductory 0% APR.	Based on credit score and credit history.	Limited by credit limit.	Convenient, rewards programs.	High-interest rates after introductory period, may limit project scope.

Illustrative Examples

Understanding how credit scores impact financing approval and terms is crucial for homeowners considering window replacement projects. The following examples illustrate how creditworthiness influences the financing experience with Window World, showcasing different scenarios and their potential outcomes.

Homeowner with a Good Credit Score Obtaining Financing

A homeowner, Sarah, with a credit score of 720, is looking to replace all the windows in her home. She has a consistent payment history, a low credit utilization ratio, and a diverse credit profile, reflecting responsible financial management. She applies for Window World financing.

• Application Process: Sarah completes the online application, providing her personal and financial information.
• Credit Check: Window World conducts a credit check, which confirms her good credit standing.
• Approval: Sarah is quickly approved for financing.
• Financing Terms: She is offered a favorable interest rate of 7.99% and a flexible repayment plan, such as 60 months.
• Project Execution: Sarah proceeds with the window replacement project, knowing her financing is secured with manageable monthly payments.

Homeowner with a Less-Than-Ideal Credit Score and Their Financing Experience

John, a homeowner with a credit score of 600, has some late payments and a high credit utilization ratio on his credit report. He also needs to replace his windows and applies for Window World financing.

• Application Process: John completes the online application.
• Credit Check: Window World conducts a credit check.
• Approval: John is approved for financing, but the terms are less favorable than Sarah’s.
• Financing Terms: He is offered a higher interest rate, such as 14.99%, and a shorter repayment term, such as 36 months. This reflects the higher risk associated with his credit profile.
• Project Execution: John can still proceed with the window replacement, but his monthly payments will be significantly higher than if he had a better credit score. He must carefully budget to manage his finances.

Impact of Different Credit Scores on Monthly Payments

The following table provides an illustrative example of how different credit scores can affect monthly payments for a window project costing $10,000, assuming a 60-month repayment term. This example highlights the importance of creditworthiness.

Credit Score Range	Estimated Interest Rate	Estimated Monthly Payment
720+ (Excellent)	7.99%	$203.00
680-719 (Good)	10.99%	$217.00
640-679 (Fair)	13.99%	$231.00
600-639 (Poor)	17.99%	$254.00

This table demonstrates that a homeowner with an excellent credit score (720+) could pay approximately $51.00 less per month than a homeowner with a poor credit score (600-639) for the same window project. This difference translates to significant savings over the life of the loan.