Nationally, the median price of a home is $415,000, up more than 50% since 2019. 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. The dream of owning a home is causing some Americans to rethink important milestones. (33:01–33:08)
CLAIM
Asserts that the total cost of a median-priced home over 30 years is about $657,000.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.