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Read on to find out the average monthly mortgage payment in every state. ... Connecticut. Monthly mortgage payment: $2,723. 2024 average home value: $402,836. Yearly mortgage: $32,680.
Connecticut. Average home value (January 2024): $402,834. ... Amount needed for 20% down payment: $66,206. Average monthly mortgage with 20% down payment: $1,751. Methodology: For this study ...
Zillow also measured typical home value, the average mortgage payment, typical rent and the average number of days a house is on the market for each city. ... Hartford, Connecticut. Philadelphia ...
The Detroit metropolitan area has the lowest average mortgage payment among the top 15 metro areas, at $1,577, according to the 2022 Census housing data. Monthly mortgage payments by loan size
Connecticut. Average monthly mortgage payment in the five cheapest ZIP codes: 06120 (Hartford, CT): $1,146. ... the average mortgage payment was calculated for each ZIP code. The top five cheapest ...
No matter the state of the economy, housing is always one of the biggest monthly expenditures that Americans face. However, the housing market at this time is especially inflated, due to factors...
Difference between state and national average monthly mortgage payment: -$606 lower. Michigan. Average monthly mortgage payment: $1,742. Difference between state and national average monthly ...
Average Home Mortgage Payment in the US As of August 2024, the average interest rate for a 30-year fixed-rate mortgage in the U.S. is 6.46%. The average rate for a 15-year mortgage is 5.62%.