Recently, I wrote a post about home prices in Kirkland after I spoke with Kendall Watson at The Kirkland Reporter about Kirkland’s home prices. I realized many people think everything in the city is over a million dollars. Not true. There are many expensive properties in Kirkland, but prices in Kirkland are all over the map, from the 300k range, all the way to 7+ million dollars.
| Highest |
| $7,600,000 |
| Jumbo 30 Yr Fixed |
| 40% |
| $4,600,000 |
| $3,000,000 |
| $3,000,000 |
| 8.00% |
| 8.22% |
| $22,013 |
| $6,000 |
| $300 |
| $0 |
| $28,313 |
| $970,000 |
| $4,711,245 |
Now back down to earth, what does it take to win one of the more affordable homes in Kirkland, priced at $305,000?:
| Lowest |
| $305,000 |
| FHA 30 Yr Fixed |
| 97% |
| $9,150 |
| $295,850 |
| $299,548 |
| 6.50% |
| 7.198% |
| $1,893 |
| $250 |
| $50 |
| $136 |
| $2,329 |
| $60,000 |
| $17,013 |
| Median |
| $575,000 |
| Conventional Agency Conforming 30 Yr Fixed |
| 80% |
| $115,000 |
| $460,000 |
| $460,000 |
| 6.625% |
| 6.754% |
| $2,945 |
| $450 |
| $75 |
| $0 |
| $3,470 |
| $120,000 |
| $126,942 |
| *Based on FICO Credit Score of 680 * Mortgage Insurance is required if financing exceeds 80% loan to value. All rates, numbers and calculations are approximate and subject to change without notice. This information is provided solely for the use of real estate professionals and is not an offer or guarantee of credit. |
Information provided by Katrina Bissell, CMPS | Sheila Bryan’s Partner
CobaltMortgage 11255 Kirkland Way Suite 100 Kirkland, WA 98033
Office: 425.605.3112 | Fax: 425.605.3212 | Sheila: 425.605.3110
Email: kbissell@cobaltmortgage.com Website:www.sheilabryan.com
***(Interest rates and fees may vary from day to day, check for the most up to date rates and fees)
Kirkland Highlands Real Estate Buzz
