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It’s also important to include a sinking fund for expected maintenance costs when you own.
by cokelee 4y ago
It’s also important to include a sinking fund for expected maintenance costs when you own.
- ghaff 4y agoAnd property taxes, insurance, utilities (which you may have in an apartment but will probably be lower than a house) etc. I live in an older house on a reasonable bit of land so my expenses are probably on the higher side. But I figure $1,000/month is a reasonable round figure for budgeting. Condos will be lower in general--though there's a condo fee in that case.