That have mortgage pricing spiking, how much cash a whole lot more carry out Bay area homebuyers pay now for a similar house?

That have mortgage pricing spiking, how much cash a whole lot more carry out Bay area homebuyers pay now for a similar house?

This new Zillow data suggests big feeling of rising cost toward San Francisco-city market

The new month-to-month homeloan payment to possess an everyday home regarding the San Francisco metro urban area is $8,117 since and 53% once the loan for phone a year ago.

To possess a “typical” San francisco bay area-town home selling for $step 1.5 million which have an effective 20% down-payment, a walk out of step 3% in order to six% inside the mortgage cost means a payment which is $dos,one hundred high.

This new monthly mortgage payment to own a frequent household in the San Francisco area urban area is $8,117 since and you can 53% because the just last year.

To own a beneficial “typical” San francisco-town house promoting having $step one.5 billion which have a good 20% advance payment, a walk of step three% so you’re able to six% for the mortgage costs setting a payment per month which is $2,100 large. Continuar lectura