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> most people price housing as mortgage + insurance I would go as far as to say it's actually mortgage + insurance + taxes in most states. Very likely to be p
by VWWHFSfQ 1y ago
> most people price housing as mortgage + insurance
I would go as far as to say it's actually mortgage + insurance + taxes in most states. Very likely to be paying anywhere from $5,000 to $10,000 in county + school taxes per year which by itself is enough to make the home suddenly unaffordable even if you bought it 10 years ago at a great price and rate.
- ipython 1y ago+ HOA fee (condo HOA fees can easily add up to several hundred $$ per month)
- SoftTalker 1y agoYep my taxes and insurance escrow payments are a larger part of my total monthly payment than the loan is.