If you buy that average price home now, the payment is roughly $2,000 a month. When you pay it off in 30 years, it would have cost you about $657,000. Just six years ago, you'd have $1,500 a month and about $563,000 total [was the cost] just six years ago. The dream of owning a home is causing some Americans to rethink important milestones. A new survey by Coldwell Banker finds. (33:10–33:16)
CLAIM
Asserts that six years ago, the monthly payment for a home was $1,500, totaling $563,000 over 30 years.
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