First Time Buyers

First-Time-Buyers

Calling All First Time Buyers!

So you’re ready to buy your first home. How much are entry-level homes in different areas of California? How much do you need to earn to qualify for a home loan? And what can you expect your monthly mortgage payment to be once you move in?

California As a whole:

  • Entry Level Price: $288,880
  • Monthly payment including taxes & Insurance: $1,390
  • Minimum qualifying income: $41,640

Los Angeles Metro Area:

  • Entry Level Price: $266,980
  • Monthly payment including taxes & Insurance: $1,280
  • Minimum qualifying income: $38,480

Inland Empire:

  • Entry Level Price: $164,820
  • Monthly payment including taxes & Insurance: $790
  • Minimum qualifying income: $23,760

San Francisco Bay Area:

  • Entry Level Price: $482,830
  • Monthly payment including taxes & Insurance: $2,320
  • Minimum qualifying income: $69,600

Copyright © 2013 Kali Real Estate, Inc. *Listings deemed accurate but not guaranteed.