The Most Important Numbers To Consider Before Buying A Home

Buying a home doesn't just mean covering the down payment and mortgage; that's just the minimum you'll spend. Here are 6 equations you should solve for yourself before you sign that mortgage paperwork.

To watch the full episode, tune in here:    • Rent Vs. Buy: New Interest Rates Change Ev...  

00:00 Intro
01:46 Equation #1: The Cost of Annually Insuring Your Home
03:00 Equation #2: The Cost of Annual Property Taxes on Your Home
04:28 Equation #3: The Cost for Average Annual Maintenance
05:46 Equation #4: Your Monthly Principal and Interest Payments Towards the Mortgage
10:37 Equation #5: The Cost to “Break Even”
15:16 Equation #6: The Costs of Buying vs. Renting & Investing

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The Most Important Numbers To Consider Before Buying A Home