Page 27 - The Latest Homebuying Guide
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Important take away using 20% down
30 year mortgage Pay back $343,739
15 year mortgage Pay back $266,288
Saving 77,451
Don’t forget the moving expenses
Moving is one of the most important activities that does not affect
the price of your home, but is critical to the overall process and
expenses. After getting your keys it’s time to live in your new
home. If this is your first, and you were staying with family, then
your moving may only include your clothes and other small items.
Your beautiful empty home will soon be furnished from your
purchases at the stores.
The cost of new furniture or moving the old ones must be included
in your home-buying plans. If you are buying new furniture and
appliances, depending on your needs, you may be able to buy
furniture in piecemeal. Otherwise, you need to get items for the
entire house. If you are moving from one home to another, then
factor in the cost of professional movers or to do it yourself.
If you already have furniture then you will need to factor in the
cost of moving service and or storage. If you will be doing it
yourself then consider the cost of supplies, truck and “helping
hands.”
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