This is the most affordable housing market for buyers with student debt

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Where's your state on this list?

As U.S. student-debt balances have soared in recent years, the ability of graduates to buy a home has dwindled.

In some states, however, the average student-debt holder has a much easier time making the dream of homeownership into a reality. To determine this, Realtor.com compared the amount of money it would cost to make a 10% down payment on a median-priced home with the average student-loan balance per borrower in each state.

Ohio had the most affordable down payment based on this analysis — the average down payment in the Buckeye State is roughly half the size of the average borrower’s outstanding student-loan debt. At the other end of the spectrum: Hawaii’s average down payment was nearly twice as large as the average student-loan balance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Those look like car payments.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines