The median home price monthly payment has increased 122% from 3 years ago.

3 years ago: 30-yr mortgage rate was 2.99% & median existing home price in the US was $294k.

Today: 30-yr mortgage rate is 7.09% & median home price is $410k.

Result: $23k increase in down payment (assuming 20% down) and 122% increase in monthly payment (from $990 to $2,202).

Source is Chalie Bilello.