The States With the Cheapest Average Mortgage Payments

The States With the Cheapest Average Mortgage Payments

Mortgages are most homeowners' single largest monthly bill, with the average American homeowner paying about $1,368 per month, according to doxo. Residents of the following 10 states in particular have the lowest average monthly mortgage costs in the nation. The research doesn't offer any insights as to why these states have such low mortgage costs.