Compare Mt. Juliet, TN 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 Mt. Juliet.
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January 19, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Mt. Juliet. Understand how much you need to earn to afford a home in Mt. Juliet, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Mt. Juliet 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 Mt. Juliet is right for you.
The median home value for Mt. Juliet, TN (Wilson County) is $410,048
Based on current mortgage rates and a 10% down payment, you need to make $67,185 per year to buy the median priced home in Mt. Juliet
With this income, you could qualify for a $369,043 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 Mt. Juliet is $1,556
The median household income for Mt. Juliet, TN (Wilson County) is $86,547
Based on this income, you can afford a home valued at approximately $528,219
The home price you can afford to buy based on household income in Mt. Juliet is 129% of the median home value which means housing prices are average. Mt. Juliet (Wilson County) ranks 92 out of 95 counties in Tennessee and 2,811 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Mt. Juliet, TN is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Mt. Juliet (Wilson County) below.
Conforming loan limits for Mt. Juliet, TN
FHA loan limits for Mt. Juliet, TN