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Nairaland Forum / Nairaland / General / Properties / Create A Budget For Your Monthly Mortgage Payment (42 Views)
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Create A Budget For Your Monthly Mortgage Payment by BigTolulope(m): 2:25pm On Apr 22 |
Create a budget for your monthly mortgage payment Add up what you currently spend on rent, utilities, other home expenses and the amounts you're saving for a down payment. Then consider whether additional costs like homeowner association (HOA) fees, property taxes, additional utilities or insurance needs will increase your home expenses. If there is a gap, look to reduce spending in other parts of your budget or reduce your future home costs. |
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