09/30/2026
Welp..mortgage interest rates are officially above 7%…what does that mean?
It means your total monthly payment for a $350k purchase price would put you around $3200 in a mortgage payment.
The graphic also shows an estimated breakdown of what is included in your payment. That $3200 includes homeowner insurance, property taxes, and private mortgage insurance (PMI) and all three of these amounts will vary depending on the home.
The good news is that, this maybe affordable for some of you! I know it’s someone reading this right now paying $2800/month in rent 👀
But in order to know for sure, you have to contact me and let’s figure this out together 😉