Hope I am not too vague here.
2007-09-05 09:30:41 · 4 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Your monthly payment will include the principal amount of the loan, the interest, real estate taxes and home owner's insurance. It can also include private mortgage insurance. You will also be responsible for the electric bill, telephone bill, cable bill, water and sewer usage bill (if applicable), gas bill (if applicable), trash collection bill. On top of that, you should set aside money for general maintenance items such as painting, mowing grass, repairs, etc.
It sounds like a lot, but it's usually worth it in the long run. After all, you pay these costs for the landlord when you rent and have nothing to show for it at the end of the lease.
2007-09-05 09:57:38 · answer #1 · answered by Cheryl G 7 · 0⤊ 0⤋
You are WAY too vague! Costs vary so widely based upon so many factors that the only data that I could give you would be my personal data. And that's not going to happen...
2007-09-05 16:38:54 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
add up the interest you pay every month for the next 30 years to the price of your house...
2007-09-05 16:37:17 · answer #3 · answered by Johnny A 5 · 0⤊ 0⤋
It cost me 10K to get into my home now. I have had one house cost me 400.00 =)
2007-09-05 16:40:42 · answer #4 · answered by Anonymous · 0⤊ 0⤋