Saving up for a home that costs $200,000 isn’t easy! Depending on the home’s location, you can live like a prince… or a pauper.

200k slideshow

Zillow source

Two hundred thousand spent in different cities in the U.S. can get you drastically different properties. One of the homes in our slideshow comes with four beds and four bathrooms — another home comes with just one bathroom. That’s right, one bathroom, not even a bedroom!

Regardless of the property you decide to purchase, you’ll need to choose a payment plan and mortgage. Mortgage options will also vary from state to state.

  • For example, a California buyer choosing an attractive loan might opt to get a mortgage through AimLoan, which is currently offering a 30-year fixed rate mortgage with 4.17% APR, and a 4.125% rate, weighing in at a monthly payment of $969.30. 
  • A New York City buyer might opt to get a mortgage through First Internet Bank, which currently offers a 30-year fixed rate mortgage with 4.25% APR, and a 4.25% rate, weighing in at a monthly payment of $983.88.

Check out what $200,000 can get you these days…

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