Monthly mortgage payment for a median existing home is $2,322/month, double the 2008 peak, and does not includes taxes, insurance, and other costs.
The monthly mortgage payment based on a median existing home is now at a record $2,322/month. This is double the $1,200 peak seen in 2008. Keep in mind, $2,322/month does not include taxes, insurance or any other costs associated with buying a home. If you add in taxes and insurance, the median is nearly $3,000/month. …