Compare Bradenton, FL mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Bradenton.
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May 23, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Bradenton. Understand how much you need to earn to afford a home in Bradenton, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Bradenton fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Bradenton is right for you.
The median home value for Bradenton, FL (Manatee County) is $359,598
Based on current mortgage rates and a 10% down payment, you need to make $58,919 per year to buy the median priced home in Bradenton
With this income, you could qualify for a $323,639 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Bradenton is $1,364
The median household income for Bradenton, FL (Manatee County) is $69,715
Based on this income, you can afford a home valued at approximately $425,492
The home price you can afford to buy based on household income in Bradenton is 118% of the median home value which means housing prices are average. Bradenton (Manatee County) ranks 58 out of 67 counties in Florida and 2,900 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Bradenton, FL is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Bradenton (Manatee County) below.
Conforming loan limits for Bradenton, FL
FHA loan limits for Bradenton, FL