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American Housing Survey (AHS)
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2002 American Housing Survey Data Chart for Occupied Housing Units for the
Dallas Metropolitan Area
WHAT ARE THE MORTGAGE TERMS? Table 3-15
Owner-Occupied Housing Units
784.1 Total
Mortgages Currently on Property1
220.3 None, owned free and clear
.3 Reverse mortgage
555.4 Regular and/or home-equity mortgage2
539.8 Regular mortgage
43.6 Home-equity lump-sum mortgage
9.7 Home-equity line of credit
8.1 Line of credit not reported, no regular or
lump sum
Number of Regular Mortgages and Home Equity
Mortgages
465.4 1 mortgage
69.2 2 mortgages
5.8 3 mortgages or more
23.1 Number not reported
Types of Mortgages
30.6 Regular and home-equity lump sum
2.5 With home-equity line of credit
27.7 No home-equity line of credit
.4 Home-equity line of credit not reported
509.3 Regular, no home-equity lump sum
3.4 With home-equity line of credit
491.2 No home-equity line of credit
14.7 Home-equity line of credit not reported
13.1 Home-equity lump sum, no regular
1.3 With home-equity line of credit
11.8 No home-equity line of credit
- Home-equity line of credit not reported
231.2 No regular or home-equity lump sum
2.5 With home-equity line of credit
220.6 No home-equity line of credit
8.1 Home-equity line of credit not reported
Owners With One or More Regular or Lump-Sum
Home-Equity Mortgages
552.9 Total
Land Contract
451.1 Units with one regular mortgage only
51.6 Mortgage is a land contract
390.2 Not a land contract
9.3 Not reported
Type of Primary Mortgage
146.6 FHA
28.0 VA
2.7 RHS/RD
359.2 Other types
.9 Don't know
15.6 Not reported
Lower Cost State and Local Mortgages
40.2 State or local program used
496.1 Not used
16.6 Not reported
Mortgage Origination
537.8 Placed new mortgage(s)
425.6 Primary obtained when property acquired
112.2 Obtained later
12.6 Assumed
.2 Wrap-around
2.2 Combination of the above
Payment Plan of Primary Mortgage
495.5 Fixed payment, self amortizing
22.5 Adjustable rate mortgage
1.2 Adjustable term mortgage
3.1 Graduated payment mortgage
2.8 Balloon
- Other
.2 Combination of the above
27.6 Not reported
Payment Plan of Secondary Mortgage
71.0 Units with two or more mortgages
65.5 Fixed payment, self amortizing
2.6 Adjustable rate mortgage
.8 Adjustable term mortgage
- Graduated payment mortgage
1.5 Balloon
- Other
- Combination of the above
.6 Not reported
Lenders of Primary and Secondary Mortgages
517.0 Only borrowed from firm(s)
12.4 Only borrowed from seller
3.8 Only borrowed from other individual(s)
.3 Borrowed from a firm and seller
1.0 Borrowed from a firm and other individual
- Borrowed from seller and other individual
18.4 One or both sources not reported
Items Included in Primary Mortgage Payment2
142.7 Principal and interest only
369.5 Property taxes
356.5 Property insurance
132.6 Private mortgage insurance
8.8 Other
39.2 Not reported
Year Primary Mortgage Originated
187.0 2000 to 2004
227.2 1995 to 1999
85.1 1990 to 1994
27.4 1985 to 1989
10.3 1980 to 1984
11.5 1975 to 1979
4.1 1970 to 1974
.3 1960 to 1969
- 1950 to 1959
- 1949 or earlier
1998 Median
Term of Primary Mortgage at Origination or
Assumption
6.6 Less than 8 years
12.0 8 to 12 years
82.9 13 to 17 years
31.4 18 to 22 years
10.4 23 to 27 years
405.1 28 to 32 years
1.9 33 years or more
2.5 Variable
30 Median
Remaining Years Mortgaged
46.3 Less than 8 years
61.2 8 to 12 years
60.8 13 to 17 years
75.8 18 to 22 years
161.5 23 to 27 years
143.9 28 to 32 years
- 33 years or more
3.3 Variable
24 Median
Current Interest Rate
17.3 Less than 6 percent
361.1 6 to 7.9 percent
137.6 8 to 9.9 percent
23.6 10 to 11.9 percent
9.5 12 to 13.9 percent
1.2 14 to 15.9 percent
2.2 16 to 17.9 percent
.3 18 to 19.9 percent
- 20 percent or more
... Not reported
7.4 Median
Total Outstanding Principal Amount
21.6 Less than $10,000
17.8 $10,000 to $19,999
26.7 $20,000 to $29,999
29.9 $30,000 to $39,999
34.1 $40,000 to $49,999
39.8 $50,000 to $59,999
47.6 $60,000 to $69,999
49.1 $70,000 to $79,999
75.1 $80,000 to $99,999
52.7 $100,000 to $119,999
61.2 $120,000 to $149,999
55.6 $150,000 to $199,999
19.0 $200,000 to $249,999
9.9 $250,000 to $299,999
13.1 $300,000 or more
... Not reported
$82,677 Median
Current Total Loan as Percent of Value
34.9 Less than 20 percent
46.9 20 to 39 percent
131.4 40 to 59 percent
181.5 60 to 79 percent
72.6 80 to 89 percent
51.5 90 to 99 percent
34.1 100 percent or more
... Not reported
67.0 Median
Reason Primary Mortgage Refinanced
106.9 Units with a refinanced primary
mortgage2
94.6 To get lower interest rate
2.6 To increase payment period
17.8 To reduce payment period
- To renew or extend a loan that has fallen due
3.9 To receive cash
8.8 Other reason
Cash Received in Primary Mortgage Refinance
3.9 Received refinance cash
- Less than $10,000
.8 $10,000 to $19,999
.6 $20,000 to $29,999
.9 $30,000 to $39,999
- $40,000 to $49,999
.9 $50,000 to $59,999
- $60,000 to $69,999
.4 $70,000 to $79,999
- $80,000 to $99,999
- $100,000 to $119,999
- $120,000 to $149,999
.3 $150,000 or more
- Not reported
... Median
Percent of Primary Mortgage Refinanced Cash
Used for Home Additions, Improvements, or
Repairs
3.9 Received refinanced cash
2.4 Zero percent
- 1 to 9 percent
- 10 to 19 percent
- 20 to 29 percent
- 30 to 39 percent
- 40 to 49 percent
.8 50 to 59 percent
- 60 to 69 percent
- 70 to 79 percent
- 80 to 89 percent
- 90 to 99 percent
.6 100 percent
- Not reported
... Median
Percent of Nonrefinanced Primary Mortgage,
Including Home-Equity Lump-Sum,
Used for Home Purchase and Improvement
415.8 Units with a nonrefinanced primary
mortgage
17.6 Zero percent
.7 1 to 9 percent
.7 10 to 19 percent
1.0 20 to 29 percent
1.2 30 to 39 percent
- 40 to 49 percent
1.7 50 to 59 percent
.9 60 to 69 percent
.3 70 to 79 percent
3.3 80 to 89 percent
3.0 90 to 99 percent
379.5 100 percent
6.0 Not reported
100.0 Median
Owners With One or More Home-Equity Line-of-
Credit Mortgages
9.7 Total
Total Home-Equity Line-of-Credit Limit
2.2 Less than $10,000
.8 $10,000 to $19,999
.7 $20,000 to $29,999
.5 $30,000 to $39,999
- $40,000 to $49,999
.7 $50,000 to $59,999
- $60,000 to $69,999
.4 $70,000 to $79,999
.5 $80,000 to $99,999
.3 $100,000 to $119,999
- $120,000 to $149,999
- $150,000 or more
3.7 Not reported
$19,394 Median
Total Outstanding Line-of-Credit Loans
1.2 Outstanding loan(s)
.2 Less than $10,000
- $10,000 to $19,999
.3 $20,000 to $29,999
- $30,000 to $39,999
.4 $40,000 to $49,999
- $50,000 to $59,999
- $60,000 to $69,999
- $70,000 to $79,999
- $80,000 to $99,999
- $100,000 to $119,999
- $120,000 to $149,999
- $150,000 or more
.3 Not reported
... Median
Current Line-of-Credit Interest Rate
1.2 Outstanding loans
- Less than 6 percent
.5 6 to 7.9 percent
- 8 to 9.9 percent
.4 10 to 11.9 percent
- 12 to 13.9 percent
- 14 to 15.9 percent
- 16 to 17.9 percent
- 18 to 19.9 percent
- 20 percent or more
.3 Not reported
... Median
Line-of-Credit Monthly Payment
1.2 Outstanding loan(s)
- Less than $100
- $100 to $199
- $200 to $249
- $250 to $299
.5 $300 to $349
- $350 to $399
- $400 to $449
.3 $450 to $499
- $500 to $599
- $600 to $699
.4 $700 to $799
- $800 to $999
- $1,000 or more
- Not reported
... Median
Line-of-Credit Amount Used for Home
Additions, Improvements, or Repairs
1.2 Outstanding loan(s)
.5 Yes
.7 No
- Not reported
1 Regular mortgages include all mortgages not classified as home
equity or reverse.
2 Figures may not add to total because more than one
category may apply to a unit.
Go to American Housing Survey: 2002
Contact the American Housing Survey Branch by email or by phone at 301-763-3235 or 1-888-518-7365, or visit ask.census.gov for further information on American Housing Survey Data.
Source: U.S. Census Bureau, Housing and Household Economic Statistics Division
Last Revised: February 18, 2005
