The True Cost of Homeownership


You’re looking for a home, and you know what you can afford. Or do you? If you’re using online calculators or other estimates that focus on home price and interest rate, you’re only getting part of the picture. And the missing pieces could put you in a financial hazard zone later on. To make sure you have a realistic view of what you’ll spend on buying and owning a home, review these expenses that go beyond principal and interest.

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