Homeowner's insurance is also to be considered as a non-negligible fraction of the monthly cost of a house. When I bought a house in 2008 in upstate NY, I was m

Homeowner's insurance is also to be considered as a non-negligible fraction of the monthly cost of a house. When I bought a house in 2008 in upstate NY, I was moderately surprised to see that with taxes and insurance my monthly payment more than doubled from the amount I was to pay from mortgage alone (granted this was at a time with a historically low interest rate).