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Don't Overpay. Learn About Mortgages


    Shocking Truth about Average Apartment Rent

    Expect to pay an average of $1,350 per month to rent an apartment in the United States. If you live in a high-cost area, like San Francisco, though, start saving now as you could pay an average of $3,253 for a one-bedroom apartment.

    Average Cost to Build a House

    It costs builders an average of $311,022 to build a home today. But the average cost to buy a home is $468,318. More than half of the home's cost goes to the actual construction of it. The remaining costs go to financing, marketing, and profits.

    Average Bedroom Size May Surprise You

    Legally, a bedroom only has to measure 70 square feet. Luckily, the average apartment bedroom measures 132 square feet and the average bedroom in a home is 219 square feet.

    Average Utility Bills Will Shock You

    You pay an average of $2,200 per year for your utilities. $1,200 of that money is for electricity alone. Just where else is your money going?

    Average Cost of Moving Will Scare You

    Moving can cost as much as $6,000 for the movers alone. This doesn't take into consideration packing supplies, moving a car, or heavy items.

    Average Cost of Renters Insurance Will Shock You

    Almost 60% of renters don't carry rental insurance, but it only costs an average of $16 per month. Even on a tight budget, giving up a few coffeehouse visits could be worth the protection you receive.

    Study: Average Down Payment on a House

    Down payments aren't as big as you might think. 20% is not required. Don't assume you can't buy a home without 20% down. Read our report to see how others made homeownership a reality.

    Study: Average Cost of Homeowners Insurance

    Homeowners insurance rates are seeing an all-time high. Check out our report to learn the truth about the rates.

    Study: Average Mortgage Payment

    The average mortgage payment is on the rise at $758 a month. Can you afford a mortgage? Read on for the surprising mortgage payment facts and trends.

    Bad Credit Home Loans: What You Need to Know

    Have bad credit? It doesn't mean your homeownership dreams are dead. There are a variety of programs to help you buy a house. Read on.

About CreditDonkey®
CreditDonkey is a mortgage comparison website. We publish data-driven analysis to help you save money & make savvy financial decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.