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Read on to find out the average monthly mortgage payment in every state. ... Georgia. Monthly mortgage payment: $1,928. 2024 average home value: $319,427. Yearly mortgage: $23,135.
Georgia. Average home value (January 2024): $319,427. Amount needed for 10% down payment: $31,943 ... Amount needed for 15% down payment: $49,654. Average monthly mortgage with 15% down payment ...
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. ... District of Columbia, Florida, Georgia ...
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 ...
Here’s a look at the average monthly mortgage payment by generation. The numbers are based on Experian data: Gen X: $2,313. Millennials: $2,298. Gen Z: $1,882. Baby boomers: $1,724. Here’s a ...
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