KC Market & Affordability
- Freddie Mac
- Mar 24, 2017
- 1 min read
Kansas City's Index Value is 150 (Affordable)
Using standard underwriting, households can spend a maximum of 28% of their gross monthly income on housing related expenses, or $1,370 in Kansas City.
30 Not Affordable 130 Affordable
Given a mortgage rate of 3.7% a downpayment of 10% and taxes and insurance that are 2.18% of the value, the monthly mortgage payment would be $912 for the median priced home, which is Affordable for the typical household in Kansas City.
Personalize your downpayment or rate and learn more at Freddie Mac's
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