Compare Kingston, NY 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 Kingston.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Kingston. Plus, shopping lenders is free and there is no obligation.
January 22, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Kingston. Understand how much you need to earn to afford a home in Kingston, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Kingston 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 Kingston is right for you.
The median home value for Kingston, NY (Ulster County) is $319,409
Based on current mortgage rates and a 10% down payment, you need to make $52,334 per year to buy the median priced home in Kingston
With this income, you could qualify for a $287,468 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 Kingston is $1,212
The median household income for Kingston, NY (Ulster County) is $69,270
Based on this income, you can afford a home valued at approximately $422,774
The home price you can afford to buy based on household income in Kingston is 132% of the median home value which means housing prices are average. Kingston (Ulster County) ranks 54 out of 62 counties in New York and 2,780 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Kingston, NY is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Kingston (Ulster County) below.
Conforming loan limits for Kingston, NY
FHA loan limits for Kingston, NY