The amount of money you must earn in order to buy a home in Orlando! Mortgage rate: 4.64 percent (+0.76 percent from 2Q13) Home price: $167,800 (+29.3 percent YOY) Monthly payment: $691.39 Salary: $29,630.85 Orlando continues to get more expensive thanks to a yearly home-price gain of nearly 30 percent and an interest-rate gain of over three quarters of a percent in just one quarter. It’s going to take another $7,180 to afford a median-priced home in Orlando as compared to the beginning of the year.
Posted on: Fri, 15 Nov 2013 20:15:28 +0000