What expenses do you need to budget for if you choose to buy a home? Check all that apply.a mortgage paymenta rent paymenthomeowners insurancerenters insuranceproperty taxesa security deposita down paymentutility payments
Which housing choice fits within your recommended monthly budget of $650-780?
✔ option A only option C onlyoptions A and C only all three options
What expenses do you need to budget for if you choose to rent a home? Check all that apply.a mortgage paymenta rent paymenthomeowners insurancerenters insuranceproperty taxesa security depositutility payments
Which housing choice fits within your recommended monthly budget of $650-780?
Based on your budget, which housing option is the best financial decision for you? Explain your answer in at least two sentences.
Option C, renting further out, is the best financial decision for me. It has the lowest monthly cost at $600 and the lowest up-front cost at $1,200, which would make it easier to stay within my budget. It also offers two bedrooms, light-rail access, and a pool.
Which factors did you include in your response? Check all that apply.
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