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Read on to find out the average monthly mortgage payment in every state. ... Utah. Monthly mortgage payment: $2,936. 2024 average home value: $511,137. Yearly mortgage: $35,230.
Utah. Average monthly mortgage payment: $2,891. Difference between state and national average monthly mortgage payment: $574. Colorado. Average monthly mortgage payment: $2,878.
Utah. Average home value (January 2024): $511,137. ... Amount needed for 20% down payment: $66,206. Average monthly mortgage with 20% down payment: $1,751. Methodology: For this study ...
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
The average mortgage payment in 2021 represented just 16.9% of the median household income, ... like Utah and Montana are seeing rate increases above 10% on average,” says Mallory Mooney, a ...
Utah. Household median income: $ ... assuming a 10% down payment and using the national average 30-year fixed mortgage rate as sourced from the Federal Reserve Economic Data, the average mortgage ...
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