How Much is the Average
As per the calculations done using data from the US Census Bureau, Department of Housing/Urban development, and many more, the average mortgage payment is $3048. This is on a 30-year
Conventional mortgages are ideal for buyers with good credit and money to put down. They typically require a higher down payment, usually 5%–20% and also have higher income and credit score requirements than government loans. Typical fixed-rate loans have a term of 10-30 years.