Answered

IDNLearn.com is designed to help you find reliable answers to any question you have. Join our platform to receive prompt and accurate responses from experienced professionals in various fields.

What expenses do you need to budget for if you choose to buy a home? Check all that apply.

- a mortgage payment
- homeowners insurance
- property taxes
- a down payment
- utility payments

Sagot :

GinnyAnsweridn

Final answer:

When buying a home, budget for mortgage payment, homeowners insurance, property taxes, down payment, and utility payments.


Explanation:

Expenses to Budget for When Buying a Home:

When buying a home, you need to budget for the following expenses:

  • Mortgage payment: Monthly payment towards your home loan.
  • Homeowners insurance: Insurance to protect your home.
  • Property taxes: Taxes levied on the property you own.
  • Down payment: Initial payment made towards the purchase of the home.
  • Utility payments: Costs for utilities such as electricity, water, and gas.

Learn more about Home Buyer Expenses here:

https://brainly.com/question/37479863


We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. Thank you for choosing IDNLearn.com for your queries. We’re committed to providing accurate answers, so visit us again soon.