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Allowances 2019 versus Home Prices, Miami-Dade County, FL
  • Considering Miami average home price as of August 2019 comes to $370,000. Under a conventional loan, and current rate today (September 2019), a 30-year mortgage at a rate of 3.73%, the P&I will come to $1,704 well below the 2019 housing allowance which for enlisted personnel averages $2575.50. This provides an overage allowing for a contribution to insurance and FL property taxes.