How Much Will Owning a Home Cost?

How much will owning a home cost you?

Once you’ve had your closing when you purchased your home, the biggest outlay of funds is complete.  Whew, you paid for your downpayment and closing costs, and you know how much your monthly mortgage payment will be too.  You’ve budgeted & planned for other monthly expenses, but you will have other expenses when “owning” your home. Home maintenance costs should be in your budget too! 

The average American can spend $1,126 a month on utilities and insurance. As an Accredited Buyer’s Representative (ABR®), I can help you calculate those fees before you buy a home so that owning a home won’t break your budget. I look forward to working with you!

Here is a great article and great info graphic and explanation for you to review!

Here’s Why It Costs $1,126 A Month To Maintain The Average American Home by Michael McDonald. © 2015 GOBankingRates. All Rights Reserved.

Please call and let’s talk about starting your GAINESVILLE Home Search!