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17 Homeowner Expenses to Budget for — on Top of Your Mortgage

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You’ve spent months — years even — saving up for a down payment for a house. You’ve budgeted meticulously, banking savings whenever you could to make homeownership possible.

After reaching that goal, you may feel like the pressure to budget and save is gone. But don’t get too comfortable.

17 Hidden (But Typical) Homeowner Expenses 

When you purchase a home, it’s not just the monthly mortgage payment or down payment you need to think about. Here are 17 additional expenses to consider — ranging from property taxes to homeowners insurance to maintenance and repair costs.

1. Property Taxes

Property

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