You need a salary of $109,000 to buy an average price condo in Boston

Mortgage rate:  4.66 percent Quarterly change: +0.25 percent Home price:  $495,900  Quarterly change: +12.02 percent  Year-over-year change: +6.67 percent Monthly payment:  $2,552.93 Salary:  $109,411.27  Quarterly change: $11,675.37  Year-over-year change: +11.06 percent If homebuyers in the Boston metro put 10 percent down instead of 20 percent, the required salary increases from $109,411.27 to $126,918.03.

The post You need a salary of $109,000 to buy an average price condo in Boston appeared first on BostonREB Ford Realty.

source https://www.bostonreb.com/you-need-a-salary-of-109000-to-buy-an-average-price-condo-in-boston/