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Having financial costs spiking, how much cash more perform San francisco bay area homebuyers shell out now for a comparable domestic?

Having financial costs spiking, how much cash more perform San francisco bay area homebuyers shell out now for a comparable domestic?

The brand new Zillow analysis shows larger impression from ascending costs towards San Francisco-area housing market

New monthly homeloan payment having a typical household on San Francisco metro city are $8,117 at the time of and you can 53% due to the fact last year.

To have a good “typical” Bay area-town home offering to own $step 1.5 million with good 20% down-payment, a hike of 3% so you can six% in mortgage costs setting a payment that’s $2,100 large.

The fresh month-to-month mortgage repayment for a typical home about San Francisco metro city is $8,117 since and 53% once the just last year. Seguir leyendo…