Video Transcript:
Your mortgage calculator shows one number, but your real payment is much bigger. I see people make this mistake. They forget about taxes, insurance, and repairs. I'm David Ghazaryan, and I build your true payment picture. My method adds everything. We look at all the hidden costs to find your real number. Let’s talk about Texas property taxes. For a five hundred thousand dollar home in Austin, you will add nearly one thousand dollars to your payment. (Data may vary over time) Now we add more costs. Home insurance and money for repairs add hundreds more. This full number lets you budget correctly and avoid very big surprises. Knowing all your costs helps you find your break-even point. It usually takes three to five years before owning becomes cheaper than just paying your rent. This is the only way to plan your finances correctly. Read the full article and find my social channels using the links in the description below.
Read Blog Here: https://www.iqratemortgages.com/blog/owning-in-austin-cheaper-than-rent-a-full-cost-guide
