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The median household income in the United States is $46,326.
When you break this down by 12 months, it wind up to $3,860/month
Answer: That's the average monthly salary, not the monthly mortgage payment! If you paid out your entire salary in a mortgage payment, you'd have nothing left for other expenses, like utilities and food.
What else can I help you with?
How much higher are the literacy rates in the US and Canada than the world average?
The literacy rates in the US and Canada are significantly higher than the world average. In the US, the literacy rate is around 99%, while in Canada it is around 99%. The world average literacy rate is estimated to be around 86%.
How much is the average welfare check in the US for a family of 4?
The average welfare check amount for a family of 4 in the US varies by state, but it typically ranges from $500 to $1200 per month. This amount can fluctuate based on factors such as household income and expenses.
What is the us average for the 50 yard dash?
The average time for a 50-yard dash can vary depending on age and gender. In general, for adults, an average time might be around 7-8 seconds. However, elite athletes can complete it in under 6 seconds.
What was the average income in the US in 1999?
The average income in the US in 1999 was around $40,000 per year.
What is the average population density of cities in the US?
309,162,5819.9% 309,162,581 average population density of cities in the us
How much is the Average size of mortgage in US?
As of Q2 2010 the Average mortgage in the US was $193,800.
What is the average mortgage balance in the united staTES?
According the Kansas City Federal Reserve Bank, the average mortgage balance in the US is $181,225. Source: http://www.kc.frb.org/comaffrs/subprime/Omaha.07.02.08.pdf
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%.
What is the Average length of a us mortgage?
25 years.
What is the average cost of monthly mortgage in US for 2008?
depends on your loan
1950s US average mortgage payment?
seventy five dollars
Can you port a mortgage in the US?
Yes, it is possible to port a mortgage in the US, which means transferring an existing mortgage from one property to another. This process allows the borrower to keep the same interest rate, terms, and balance when moving to a new home.
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%.
What is the average IRA balance in the US?
27K
What has been the average for US mortgage rates over the last five years?
The average US mortgage rates for the last five years are constantly fluctuating, however as of May 2013, the price is about 3.42 percent, which is close to the average 3.31 percent.
What is the average checking account balance in the US?
a grand
What are the average refinance mortgage interest rates in the US?
The average refinance mortgage interest rates in the United States of America are 2,75% to 3% at the moment. One can check the current rates of different banks on their websites.
