Where to Buy a Home for Less Than $800 a Month

By SHARE

Albuquerque, N.M.

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(Courtesy of Ron Behrmann/ACVB)

The median home price in Albuquerque was $178,000 in the second quarter of this year, down about 2 percent from a year earlier. After a 20 percent down payment of $35,600, monthly payments to cover mortgage principal and interest on a median-priced Albuquerque home are roughly $706. Learn more about Albuquerque, N.M.

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