How Much Is an Average Car Payment?

Answer A car payment will depend on the price of the vehicle and the interest rate. For example, a $24,000 car financed for 72 months at a rate of 5.99% interest will equal a monthly payment of $353.30.So... Read More »

Top Q&A For: How Much Is an Average Car Payment

How much is an average monthly mortgage payment?

In 2009 the average monthly mortgage rate for a 30-year fixed loan was about $1,500. For a 15-year fixed loan, the monthly rate was around $2,000. These payments reflect a home that runs in the $20... Read More »

What is the average mortgage payment in the USA?

According to the National Association of Realtors, the average monthly mortgage principal and interest payment is $778 as of May 2010. The monthly mortgage payment constitutes 15.4 percent of your ... Read More »

What Is the Average Down Payment on a House?

The average down payment on a house is 10% of the mortgage loan. Most mortgage lenders require a 20% down payment, but usually accept the 10% down payment if the homeowner pays for Private Mortgage... Read More »

What Is an Average Monthly Mortgage Payment?

An average monthly mortgage payment comprises the principal payment on the loan (the money borrowed) plus the interest (the cost of borrowing). According to estimates by the U.S. Census Bureau, the... Read More »