2006-10-07 07:58:12 · 4 answers · asked by qp 1 in Home & Garden ➔ Other - Home & Garden
You divide the mortgage, taxes you pay, what you use to heat or cool the house, electical & water, what you pay for lawn maintenance and other costs by 12! That will give you the "monthly cost!"
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2006-10-07 08:02:24 · answer #1 · answered by Anonymous · 0⤊ 0⤋
First there is the mortgage that may or may not include house insurance and real estate taxes (if it doesn't add it in). They heat, electric, phone, cable, water, garbage and internet. If you live in some areas you have to pay an assessment to the association to live in that community. If you want lawn/snow removal and house cleaning services add that in.
I hope this helps.
2006-10-07 08:12:45 · answer #2 · answered by kny390 6 · 0⤊ 0⤋
Depends on the price you pay at purchase, if you put money down or got a second mortgage, even if your heating is oil, or electric.
Figure about 1/2 of your salary for all those expenses, if you got pre-approved.
2006-10-07 08:06:08 · answer #3 · answered by Anonymous · 0⤊ 0⤋
just don't spend more than 30% of you're income on a house
2006-10-07 08:36:06 · answer #4 · answered by george e 3 · 0⤊ 0⤋