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mortgaged, that is, the mortgage loan (or loans) covered the entire purchase price;
Only 2 percent of homes costing $35,000 or more were fully mortgaged;
Median monthly mortgage payments ranged from an average of $91 for properties with a purchase price of less than $5,000 to over $300 for those purchased at $35,000 or more;
Veterans purchased more expensive homes than non veterans with median purchase prices of$19,900 and $17,600, respectively.
The information appears in “Purchase Price of Mortgaged Homeowner Properties Acquired in
95.5%