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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


What was average home mortgage payment in 1948?

In 1948, the average home mortgage payment in the United States was approximately $40 to $50 per month. This amount reflected the post-World War II housing boom, characterized by lower interest rates and a growing economy. Homes were generally more affordable at the time, with the average home price around $7,700.


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.


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.


What is the average mortgage payment per month in the average American household?

$1500/month


1950s US average mortgage payment?

seventy five dollars


How much is the average monthly mortgage payment in Harris County Houston Texas?

About $3,450.00


What is the average payment of a mortgage bill?

According to the US census bureau, the average mortgage payment was 1307 dollars in 2000. http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/09/16/RE227481.DTL


Balloon payment you have a balloon mortgage payment and you lost your job how can you get help?

I have a balloon mortgage payment and i lost my job how can i get help


Bank of America mortgage payment address?

Where do I mail my mortgage payment to? I live in Chicago Ill.


What can you do if your mortgage payment is 2 months late?

call the mortgage holder and make payment arrangements


Can you use a second mortgage as a down payment?

You can use a 2nd mortgage on a home for the down payment of another home. The payment for the 2nd mortgage will need to be added to your debt ratios.