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American Housing Survey (AHS)
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2002 American Housing Survey Data Chart for Occupied Housing Units for the
Fort Worth-
Arlington Metropolitan Area
WHAT ARE THE MORTGAGE TERMS? Table 3-15
Owner-Occupied Housing Units
Mortgages Currently on Property1
153.3 None, owned free and clear
.3 Reverse mortgage
236.7 Regular and/or home-equity mortgage2
231.1 Regular mortgage
11.8 Home-equity lump-sum mortgage
4.8 Home-equity line of credit
2.5 Line of credit not reported, no regular or
lump sum
Number of Regular Mortgages and Home Equity
Mortgages
207.4 1 mortgage
23.3 2 mortgages
1.1 3 mortgages or more
7.4 Number not reported
Types of Mortgages
7.2 Regular and home-equity lump sum
- With home-equity line of credit
7.2 No home-equity line of credit
- Home-equity line of credit not reported
223.9 Regular, no home-equity lump sum
3.5 With home-equity line of credit
215.5 No home-equity line of credit
4.9 Home-equity line of credit not reported
4.6 Home-equity lump sum, no regular
.3 With home-equity line of credit
4.3 No home-equity line of credit
- Home-equity line of credit not reported
157.1 No regular or home-equity lump sum
1.0 With home-equity line of credit
153.6 No home-equity line of credit
2.5 Home-equity line of credit not reported
Owners With One or More Regular or Lump-Sum
Home-Equity Mortgages
235.7 Total
Land Contract
202.1 Units with one regular mortgage only
22.7 Mortgage is a land contract
176.1 Not a land contract
3.4 Not reported
Type of Primary Mortgage
78.8 FHA
19.0 VA
1.8 RHS/RD
130.4 Other types
.4 Don't know
5.3 Not reported
Lower Cost State and Local Mortgages
23.8 State or local program used
207.3 Not used
4.6 Not reported
Mortgage Origination
228.0 Placed new mortgage(s)
182.3 Primary obtained when property acquired
45.8 Obtained later
7.1 Assumed
.2 Wrap-around
.4 Combination of the above
Payment Plan of Primary Mortgage
214.3 Fixed payment, self amortizing
8.1 Adjustable rate mortgage
.7 Adjustable term mortgage
.9 Graduated payment mortgage
.9 Balloon
- Other
.8 Combination of the above
10.0 Not reported
Payment Plan of Secondary Mortgage
21.0 Units with two or more mortgages
19.5 Fixed payment, self amortizing
.2 Adjustable rate mortgage
.1 Adjustable term mortgage
- Graduated payment mortgage
.4 Balloon
- Other
.4 Combination of the above
.4 Not reported
Lenders of Primary and Secondary Mortgages
221.3 Only borrowed from firm(s)
4.8 Only borrowed from seller
1.5 Only borrowed from other individual(s)
- Borrowed from a firm and seller
.7 Borrowed from a firm and other individual
- Borrowed from seller and other individual
7.4 One or both sources not reported
Items Included in Primary Mortgage Payment2
54.7 Principal and interest only
167.0 Property taxes
166.7 Property insurance
52.2 Private mortgage insurance
1.7 Other
13.5 Not reported
Year Primary Mortgage Originated
86.3 2000 to 2004
85.5 1995 to 1999
38.3 1990 to 1994
14.4 1985 to 1989
4.1 1980 to 1984
5.2 1975 to 1979
1.4 1970 to 1974
.5 1960 to 1969
- 1950 to 1959
- 1949 or earlier
1998 Median
Term of Primary Mortgage at Origination or
Assumption
5.1 Less than 8 years
8.0 8 to 12 years
39.3 13 to 17 years
9.8 18 to 22 years
3.8 23 to 27 years
167.8 28 to 32 years
.9 33 years or more
1.1 Variable
30 Median
Remaining Years Mortgaged
26.7 Less than 8 years
25.0 8 to 12 years
30.2 13 to 17 years
28.7 18 to 22 years
62.2 23 to 27 years
61.1 28 to 32 years
- 33 years or more
1.7 Variable
24 Median
Current Interest Rate
7.5 Less than 6 percent
153.0 6 to 7.9 percent
62.0 8 to 9.9 percent
8.4 10 to 11.9 percent
4.2 12 to 13.9 percent
.2 14 to 15.9 percent
.4 16 to 17.9 percent
- 18 to 19.9 percent
- 20 percent or more
... Not reported
7.4 Median
Total Outstanding Principal Amount
11.9 Less than $10,000
9.4 $10,000 to $19,999
13.1 $20,000 to $29,999
18.2 $30,000 to $39,999
20.6 $40,000 to $49,999
20.6 $50,000 to $59,999
22.2 $60,000 to $69,999
18.9 $70,000 to $79,999
30.3 $80,000 to $99,999
23.9 $100,000 to $119,999
21.9 $120,000 to $149,999
14.1 $150,000 to $199,999
4.8 $200,000 to $249,999
3.3 $250,000 to $299,999
2.5 $300,000 or more
... Not reported
$70,977 Median
Current Total Loan as Percent of Value
17.1 Less than 20 percent
25.2 20 to 39 percent
45.7 40 to 59 percent
78.7 60 to 79 percent
37.4 80 to 89 percent
21.1 90 to 99 percent
10.5 100 percent or more
... Not reported
67.6 Median
Reason Primary Mortgage Refinanced
44.5 Units with a refinanced primary
mortgage2
38.4 To get lower interest rate
.5 To increase payment period
6.2 To reduce payment period
.5 To renew or extend a loan that has fallen due
1.7 To receive cash
4.4 Other reason
Cash Received in Primary Mortgage Refinance
1.7 Received refinance cash
.1 Less than $10,000
.5 $10,000 to $19,999
.6 $20,000 to $29,999
- $30,000 to $39,999
- $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
.4 Not reported
... Median
Percent of Primary Mortgage Refinanced Cash
Used for Home Additions, Improvements, or
Repairs
1.7 Received refinanced cash
.4 Zero percent
- 1 to 9 percent
.1 10 to 19 percent
- 20 to 29 percent
- 30 to 39 percent
- 40 to 49 percent
- 50 to 59 percent
- 60 to 69 percent
- 70 to 79 percent
.2 80 to 89 percent
.1 90 to 99 percent
.7 100 percent
.2 Not reported
... Median
Percent of Nonrefinanced Primary Mortgage,
Including Home-Equity Lump-Sum,
Used for Home Purchase and Improvement
178.8 Units with a nonrefinanced primary
mortgage
14.9 Zero percent
.8 1 to 9 percent
.5 10 to 19 percent
- 20 to 29 percent
.1 30 to 39 percent
- 40 to 49 percent
.7 50 to 59 percent
.2 60 to 69 percent
.3 70 to 79 percent
.9 80 to 89 percent
.8 90 to 99 percent
158.1 100 percent
1.5 Not reported
100.0 Median
Owners With One or More Home-Equity Line-of-
Credit Mortgages
4.8 Total
Total Home-Equity Line-of-Credit Limit
.5 Less than $10,000
.7 $10,000 to $19,999
.6 $20,000 to $29,999
.6 $30,000 to $39,999
- $40,000 to $49,999
.2 $50,000 to $59,999
.1 $60,000 to $69,999
- $70,000 to $79,999
- $80,000 to $99,999
- $100,000 to $119,999
.3 $120,000 to $149,999
- $150,000 or more
1.7 Not reported
$24,505 Median
Total Outstanding Line-of-Credit Loans
2.0 Outstanding loan(s)
.6 Less than $10,000
.6 $10,000 to $19,999
.2 $20,000 to $29,999
.4 $30,000 to $39,999
- $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
.2 Not reported
... Median
Current Line-of-Credit Interest Rate
2.0 Outstanding loans
- Less than 6 percent
.4 6 to 7.9 percent
.7 8 to 9.9 percent
- 10 to 11.9 percent
- 12 to 13.9 percent
- 14 to 15.9 percent
- 16 to 17.9 percent
.2 18 to 19.9 percent
- 20 percent or more
.6 Not reported
... Median
Line-of-Credit Monthly Payment
2.0 Outstanding loan(s)
- Less than $100
4 $100 to $199
2 $200 to $249
6 $250 to $299
2 $300 to $349
- $350 to $399
.2 $400 to $449
.3 $450 to $499
- $500 to $599
- $600 to $699
- $700 to $799
- $800 to $999
- $1,000 or more
- Not reported
... Median
Line-of-Credit Amount Used for Home
Additions, Improvements, or Repairs
2.0 Outstanding loan(s)
.9 Yes
1.1 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
