How Much Owning a Home Will ACTUALLY Cost You (Ep. 225)

A while back we did an episode about the research needed to buy a new home after we realized we both wanted houses at some point.

This week, we’re continuing that topic by going into the actual cost of buying a home. The mortgage may be the first thing you think of, but it turns out there’s a bit more involved.

This week’s episode is sponsored by:

  • Brilliant: Accelerate your learning in math, science, and computer science. Start learning for free at Brilliant.org/CollegeInfoGeek — and if you’re one of the first 83 people to use this link, you’ll also get 20% off your subscription.
  • Todoist: If you’re a student or educator, you can get Todoist’s awesome Premium features – like project templates and automated reminders – for 50% off at https://todoist.com/education

Other things we mentioned in this episode:

Want more cool stuff? You can find all sorts of great tools at my Resources page.

Timestamps:

  • 0:04:40 – Determining the cost of a house and its monthly mortgage payments
  • 0:25:15 – Sponsor: Brilliant (Learning problem-solving skills)
  • 0:27:19 – Sponsor: Todoist (Managing your tasks)
  • 0:29:49 – Dealing with PMI (private mortgage insurance)
  • 0:38:05 – Property taxes, homeowners insurance, monthly repair costs and maintenance
  • 0:47:39 – Recap and conclusion

If you enjoyed this episode, subscribe to the podcast on iTunes! It’s easy, you’ll get new episodes automatically, and it also helps the show gain exposure 🙂 You can also leave a review!

Here’s an image for sharing this episode on social media:

How Much Owning a Home Will ACTUALLY Cost You

Martin Boehme is a web developer, language nerd, and Nintendo fanboy. Talk to him in English, Spanish, French, or very basic Japanese on Twitter.

Hey there! Please note that some links in the article may be referral links, meaning that if you buy something through them, I'll earn a commission (at no extra cost to you). This helps to support CIG, but please don't buy anything unless you truly believe it'll benefit you! You can learn more here. Thank you :)

Want to Earn Better Grades?

Did you find this article useful?

Over 150,000 awesome students are learning how to dominate their classes, get more done, and land the jobs they want - and you should too.

Join in, and I'll also send you a free copy of my book on earning better grades!

// Read This Next

Building Concrete Productive Habits Through Conditional “If-Then” Logic

Want more? Join over 150,000 students and grab my free book on earning better grades  →