# Average length of a mortgage?

7 years. Make that SEVEN YEARS. Then, it is either REFINANCED or Paid Off Outright. - roland Henderson at Purpose Funding Foothill Ranch Ca 92610

### What would be considered an average mortgage payment?

There is no such thing as an average mortgage payment. This is down to the fact that house prices vary nationwide, interest rates vary and the length, or term, of a mortgage will also vary. Read More

### what are the current mortgage interest rates?

Current mortgage rates vary depending on the mortgage company and the length of the mortgage. As of today the average rate for a 30 year fixed term mortgage is 3.61%. A 15 year fixed term mortgage is 2.85%. Read More

### How much does an average US home mortgage cost?

The average United States home mortgage will depend on the location, age and size of the house. In February 2013, the average house in the United States cost $152,000. As for the actual mortgage rate, that will depend on the length and type of mortgage one gets. On average, a 30 year fixed rate would be about 4.2%. Read More

### What was the average contract length of residential mortgage loans from commercial banks in 1920?

14.8 years Read More

### How much is the average mortgage?

The average national monthly mortgage payment in the United States was $1,687 in mid 2006. By contrast the average rent was roughly $890. ===What is a mortgage=== A mortgage is the amount of money borrowed from the bank to purchase a house or other real property. The monthly payment amount varies based on: *Total amount borrowed *Length of the mortgage (A standard length is 30 years but can be anything) *Interest Rate (Fixed or variable… Read More

### What is the average fixed home mortgage rate in the Cleveland area?

Current fixed home mortgage rates range from 3-4.5%. The rate will depend on what length of a term you decide to take on your mortgage, the longer the term, the lower the rate will be. Read More

### What is the average cost of the existing home mortgages in America today?

The average cost of an existing home mortgage depends on several items. Interest Rate Closing Cost Length of mortgage or term of mortgage The amount of the mortgage. If you can provide more details to the question I will provide you with a complete answer. I have one question for you. Are you asking the question of; what is the average closing cost of an existing mortgage in America Today. If that is your question… Read More

### How can one use the BBC mortgage calculator?

To use a mortgage calculator, you type in the length of your mortgage, the amount of principal that you owe, and your mortgage rate. It will then tell you what your payments will be. Read More

### How much is the Average size of mortgage in US?

As of Q2 2010 the Average mortgage in the US was $193,800. Read More

### What does the average American mortgage payment?

the average mortgage payment is around $1400.00 a month. believe it or not when i bought my house in 1972 my mortgage was $143.75 a month Read More

### What are the average California mortgage rates?

If people looking to review mortgage rates on the California mortgage site were to look for an average rate it would be an average 3.900 based upon the figures available. Read More

### What is the average salary of mortgage loan assistant?

What is the average entry level compensation for a mortgage assistant in oregon Read More

### What affects the size of your monthly mortgage payment?

Your monthly mortgage payment is affected by the amount of the loan, the interest amount, and the length of time of the mortgage. Read More

### Where can I get information on current average mortgage rates?

You can get information on current average mortgage rates from websites like Zillow, HSH, Mortgage Calculator, Freddie Mac, Bank Rate and Mortgage News Daily. Read More

### What is the average home mortgage loan rate in WI?

The average mortgage loan rate in Wisconsin is around 4.49%. That is based on a 30 year fixed average. A 15 year fixed home mortgage loan average is around 3.65%. Read More

### What methods are there to shorten the length of mortgage payments?

Paying extra money to the mortgage at each payment will shorten the length. Consulting the mortgage lender for more information is important, as some apply penalties if too much extra money is paid. Read More

### What is chicago's average mortgage rate for urban areas?

The average mortgage rate for urban areas in Chicago is constantly changing. It also depends on how your mortgage is fixed. Right now the average rate is 4 -5 percent. Read More

### Where can you find a rbs mortgage calculator?

You will be able to find a RBS mortgage calculator at the RBS online web site. The calculator will calculate your monthly mortgage costs from the mortgage amount and length of years it is. Read More

### What is the average mortgage for new homes in Dallas TX?

The cost for the average mortgage on a new home in the city of Dallas, TX can vary depending on a person's credit history. The average mortgage at a 4.8% APR is between $1000 and $1200. Read More

### What is the average loans APR for mortgages?

The average loans APR for mortgages will depend on which country one is in and how long the mortgage is. In the United States the average is 5.016 APR for a 30 year mortgage and 3.122 APR for a 15 year mortgage. Read More

### What is the average house mortgage rate?

There are many factors that can play into your house mortgage rate such as age and credit history as well as the size of your loan. On average, a mortgage will run you about 3% to 4.5% Read More

### What was the 2009 average Texas mortgage?

According to one online source, the average Texas mortgage in 2009 was approx. USD $211,500. Read More

### Where can one find average mortgage rates in CA?

In California, one can find average mortgage rates when one goes to the site of Zillow dot com. On this site, one can see all the rates listed and work out the average mortgage rates. Read More

### What is the average mortgage percentage rate in the state of Colorado?

Average Mortgage rate in Colorado depends on your choice of a 15 year mortgage or a 30 year fixed mortgage. There are also other variables. if you chose the 15 year mortgage, it would be around 2.75%. If you choose the 30 year fixed mortgage, your rate would be around 3.7%. Read More

### What is average mortgage for American home owners?

average mortgage is $225,000.00 with payments of $1780.00 principal & interest for a period of 30 years. Read More

### What is the average rate of a 5 year mortgage?

The average rate of a 5 year mortgage in Canada seems to be just over 3%. The rate can go up or down depending on if the mortgage is closed or variable. Read More

### What is the best Mortgage refinance Interest rate in the UK?

Calculating the best mortgage refinance interest rate depends on several factors, such as length of mortgage and credit history. However, mortgage rates in the United Kingdom are low. Read More

### What is the most common length for a mortgage loan?

The most popular loans are still the 15 & 30-year fixed mortgage. Read More

### How long do you pay for mortgage insurance premium?

You have the option to get a mortgage insurance for the length of your mortgage contract, or you can choose 10 years, 15 years, 20 years, 40 years, etc. Read More

### What are average mortgage rates in the US?

According to the website Bankrate, the average mortgage rate in the United State for the last twenty years is 3,65%. According to Ycharts, said average is of 3,42%. Read More

### How long does it take for mortgage loan approval?

The length of time it takes for a mortgage loan to get approved is highly dependent on the mortgage lender you are working with. Many large commercial banks can approve a mortgage in as little as 48 hrs. however. Read More

### What is the average mortgage loan rate?

As of August 23, 2011, the average 30 year fixed mortgage rate is 4.55%. Consumers also may be interested to know that a 15 year fixed mortgage currently yields an average national rate of just 3.83%. Read More

### What is the average mortgage rate in Texas?

"The average mortgage rate ranges from 3.2 to 4.1% in Texas, depending on the mortgage company you choose and your current credit score. Also, it may vary with the type and area of property you are looking at." Read More

### What would a mortgage payment be for a 150000 house?

The answer depends on the interest rate and the length of the mortgage. You can build a chart at the related link provided below. Read More

### What is the average rate for a mortgage loan?

The average rate for a mortgage loan would depend on the rates for the day that you are inquiring. Rates may change on a daily basis. Today's average rate is 3.25%. Read More

### What is the average mortgage rate?

FreddieMac.com shows the average rates for the past week. Read More

### What is the monthly payment for a 34000 mortgage?

It depends on the interest rate and the length of the mortgage. For a 30 year mortgage at 4.5% the payment would be $172.27. If you can afford it, a 15 year mortgage at 4.5% would be $260.10 but would save you about $16,000 in interest. Read More

### How much is mortgage average payment per month?

Your average mortgage rate and payment depend on many factors including where you are looking to purchase your house, personal income, and your credit score. Many mortgage companies offer online mortgage calculators that can be useful in determining what your monthly home loan payment will be. Read More

### What is the average mortgage rate for homes in the Chicago area?

The current average mortgage rate for homes in the Chicago area is at 3.31%. The latest Chicago rates are up seven points highers than the national average. Read More

### What is the average remaining amount on a Florida home mortgage?

The average depends on the area itself. Places such as Miami, the mortgage is more expensive than places such as Tallahassee. The average for the state is around 23,000 to 80,000 dollars. Read More

### Average length of time for a tennis game?

The average length of time is 1hout to 2 hours. The average length of time is 1hout to 2 hours. The average length of time is 1hout to 2 hours. Read More