Second-Time Homebuyer: What to Expect This Time Around
Redfin
JUNE 13, 2025
That increase significantly shrinks your buying power, even if your income or equity has improved since your first home. rate, financing a $400,000 home with a typical 20% down payment, your monthly principal and interest would run about $2,050—compared to roughly $1,435 at a 4% rate (all else being equal).
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