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Newton Mortgage Quotes And Real Estate


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Newton Mortgage and Real Estate Facts

Overview

In Newton there are 3,258 individual units of housing (the total of apartments, houses, and condos). As of 2000, the share of housing units in the town that were owner-occupied was 49%.

Newton Mortgage

In Newton, 76% of housing units (exluding rentals) have a mortgage. About 15% of houses and condos in the town have a home equity loan or second mortgage.

Mortgage and interest rate quotes for the Newton area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Newton Mortgage Statistics

CategoryValue
Homes With No Mortgage24%
With A Mortgage76%
First Mortgage Only61%
Second Mortgage or Home Equity Loan15%
Second Mortgage Only4%
Home Equity Loan Only11%

Newton Housing Expenses

CategoryValue
Owner Costs as % of Income23.7%
Median Real Estate Taxes (2000)$3,702

Newton Household Size

CategoryValue
Total Occupied3,258
1-Person Households33%
2-Person Households29%
3-Person Households16%
4-Person Households13%
5-Person Households7%
6-Person Households1%
7+-Person Households1%

Newton Housing Stock

CategoryValue
Median Year Built1953
Median Year Built (Owner Occupied)1951
Median Year Built (Renter Occupied)1957

Newton Home Heating

CategoryValue
Using Utility Co. Gas Heat47%
Using Bottled/Tank Gas Heat1%
Using Electric Heat4%
Using Oil Heat47%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Newton Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom4%
2 Bedrooms20%
3 Bedrooms50%
4 Bedrooms22%
5+ Bedrooms5%

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