Buying And Financing A House Essay
Once you 've answered the question "how much is home insurance" and have estimated the approximate property taxes and whether or not you will have to pay PMI, then you will know how much house you can afford. This will help you avoid putting a contract on a house only to find out later that with the added fees you can 't afford the monthly payments. So let 's talk about homeowners insurance, including how much it costs, as well as a few other things you really need to know before you get started.
How Much Is Home Insurance?
One thing you need to be aware of before you buy a house is that your homeowners insurance and your property taxes for that matter could increase every year. That means your monthly mortgage payments will…