Monthly payment for principal and interest
Term · Economic statistics · MLC-T-ECS-001209
The data in the American Housing Survey present the monthly dollar amount paid on the mortgage for principal and interest only. They do not include that portion of the monthly payment used for property taxes, homeowner's insurance, and/or other charges. Medians for monthly payment for principal and for interest are rounded to the nearest dollar.
| Identifier | MLC-T-ECS-001209 |
|---|---|
| Field | Economic statistics |
| References | U.S. Census Bureau Glossary |
| See also | Principal and interest |
Record as JSON
{
"id": "MLC-T-ECS-001209",
"term": "Monthly payment for principal and interest",
"field": "Economic statistics",
"definition": "The data in the American Housing Survey present the monthly dollar amount paid on the mortgage for principal and interest only. They do not include that portion of the monthly payment used for property taxes, homeowner's insurance, and/or other charges. Medians for monthly payment for principal and for interest are rounded to the nearest dollar.",
"see_also": [
"Principal and interest"
],
"references": [
"U.S. Census Bureau Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/monthly-payment-for-principal-and-interest/"
}
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