4 things that change when you go from renting to owning a house - Business Insider

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4 things that change when you go from renting to owning a house

At your rented home, you may have had some of your bills included with your rent, and paid for by your landlord, like water or trash removal. When you own your home, your expenses aren't all bundled together like they were in your rent.

Bills for water, gas, electricity, internet, and more will all be your responsibility, and separate, when you own a home. Your mortgage might be cheaper than what you paid in rent, but there are a lot of other expenses to budget and pay each month, too. Investigate the additional costs you'll pay in the area where you're looking to buy on top of your mortgage each month, and consider that in your monthly budgeting.

 

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