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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%.


How much money does a junior mortgage loan processor earn in California?

They can amke $1,900-$2,400/month on average


How much is the average mortgage cost per month for a four bedroom house?

The average monthly mortgage cost for a four-bedroom house varies widely based on location, interest rates, and the home's price. As of late 2023, in the U.S., it typically ranges between $2,000 to $3,500 per month. Factors such as down payment size and loan terms also significantly influence the monthly payment amount. For a more precise estimate, it's best to consult local real estate listings or mortgage calculators.


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.


How much is the average mortgage in the UK?

From recent press publications, the average mortgage in the UK is £130,000. Keep in mind however that it's the average based on prices in the whole of UK and that includes both very cheap and very expensive areas. To give you an idea of just how massive the price gap is: average cost of 2 bedroom flats in central London is £638k while 2 bed flats in Liverpool can be purchased for (again, on average) £62k. Than again it doesn't really answer your question since you've asked about how much is the mortgage. Considering that the cost of property is really £130,000 along with interest rates at about 4,3% and the standard 15-20% initial payment you would pay 400£ / month for interest only mortgage and £550 / month for a repayment mortgage. This calculation assumes repayment spread over 30 years. It's really hard to give an exact figure of the average mortgage repayments in UK because of how rapidly house prices and interest rates tend to change on the market. You can, however, expect to pay this much for your first property.

Related Questions

How much does the average home insurance cost?

The cost of the average home insurance depends on where you live,what the market value of your home is and how much of your mortgage is paid off. It can cost between $100 and $300 a month.


How much money did one acre of land cost in Mississippi in the year of 1933?

In 1933 the average cost of an acre of land in Mississippi cost about $1000. The average price of a complete home with land was $5,750, which was about $35 a month mortgage.


How much does a school cost?

the average school is £300 a month


How much does the average cheapest food cost a month?

$20


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%.


IM LOOKING TO PURCHASE MORGAGE PROTECTION. HOW MUCH WILL IT BE PER MONTH?

Mortgage insurance will cost you around $200 per month depending on the company.


How much money does a junior mortgage loan processor earn in California?

They can amke $1,900-$2,400/month on average


How much is the average mortgage cost per month for a four bedroom house?

The average monthly mortgage cost for a four-bedroom house varies widely based on location, interest rates, and the home's price. As of late 2023, in the U.S., it typically ranges between $2,000 to $3,500 per month. Factors such as down payment size and loan terms also significantly influence the monthly payment amount. For a more precise estimate, it's best to consult local real estate listings or mortgage calculators.


How much on average does daycare cost?

679 a month by 169.75 a week


How much does an average school's electric bill cost?

$250/ a month.


How much does a month's supply of Saphris cost?

An average Saphris month supply costs 300.00 to 350.00 on average, without insurance.


How much is car insurance per month?

what is the average cost of car insurance per month for an american