just checked the Australian figures as the US figures seemed low
In NSW the average loan size in 2002 was $212,400 but has risen to $341,800 resulting in the average monthly repayment increasing by 61 per cent to $2295.
In Victoria the average loan rose from $175,900 to $306,500 and repayments increased by 74 per cent to $2058.
In Queensland the loan size rose from $152,700 to $289,900 and the average repayments climbed by 90 per cent to $1946.
http://www.news.com.au/realestate/inves ... 6618600333