About the Report
Get an idea of what your mortgage payment would be depending on the area and type of home you’re interested in.
The Report uses a 10% down payment ─ however, you may be able to buy with as little as a 3% down payment.
Did you know you can even use a gift for your down payment?
The Report is based on local home sales data from MLS Minneapolis Area Association of Realtors.
With a rental vacancy rate of less than 3%, rents are going up like crazy, and in many instances, it’s cheaper to own than to rent.Cotty Lowry
Saving up 20% of a home’s purchase price can be a challenge, but leveraging private mortgage insurance allows homebuyers to get into a home for less money down.Vance Edwards
Whether you’re a first-time buyer or a seller looking to move up, right now your buying power is as strong as it’s likely to be for the foreseeable future.Kath Hammerseng