Which have home loan costs spiking, just how much significantly more perform San francisco homebuyers spend now for a comparable home?
The new Zillow investigation suggests big impression from rising prices with the San Francisco-area market
The new monthly mortgage repayment having a frequent family on San Francisco city area was $8,117 at the time of and you will 53% because last year.
Having a beneficial “typical” San francisco-area house selling for $1.5 billion that have an excellent 20% downpayment, a hike away from 3% in order to six% in the financial rates function a payment per month that is $2,one hundred higher.
This new monthly homeloan payment to own an everyday domestic on San Francisco urban area town is actually $8,117 by and you will 53% just like the a year ago.
To own a great “typical” San francisco-town family selling to have $step one.5 million having a beneficial 20% downpayment, a walk regarding 3% so you’re able to 6% into the home loan cost setting a payment per month which is $2,a hundred higher. Read more
