The monthly mortgage payment based on a median existing home is now at a record $2,322/month.This is double the $1,200 peak seen in 2008.Keep in mind, $2,322/month does not include taxes, insurance or any other costs associated with buying a home.If you add in taxes and insurance, the median is nearly $3,000/month.That's $36,000/yr or 51% of the median household PRE-TAX income.On a post tax basis, the median new homebuyer is spending close to 70% of their income on monthly payments.Buying a home is now a luxury. 作者: 远航一号 时间: 2023-8-24 08:49:30
