“What are these home costs?!?” you scream to yourself as you start your life in your new home. You went through your budget with a fine tooth comb, making sure you could afford the mortgage payments. You negotiated the house price and got a good interest rate on the mortgage. You know what your local taxes will be and you home insurance costs. You thought you were set. Then the OTHER costs rear their heads. You quickly realize that owning a home isn’t all about being able to pay the mortgage.
There are a number of other costs you need to consider before you buy a house: