What expenses do you need to budget for if you choose to buy a home? Check all that apply.
a mortgage payment
a rent payment
homeowners insurance
renters insurance
property taxes
a security deposit
a down payment
utility payments

Respuesta :

Answer: a mortgage payment

homeowners insurance

property taxes

a down payment

utility payments

Explanation:

The expenses I would budget for if I choose to buy a house are:

a mortgage payment

homeowners insurance

property taxes

A down payment

utility payments

Mortgage can be described as loan that is gotten from a financial institution that is used to purchase or maintain real estate e.g. a house.

Mortgage payments are repayments of the mortgage.

So, mortgage payment should be budgeted for when one chooses to buy a house.

Homeowners insurance is a type of insurance that covers for damages to a person's home or properties in the home.

So, homeowners insurance should be budgeted for when one chooses to buy a house.

Property taxes can be described as rent paid by the owner of a property. An example of a property is a house

So, property tax should be budgeted for when one chooses to buy a house.

A down payment is a partial payment for a property. Due to the high cost of purchasing a house, most people purchase the house on credit. Thus, it is necessary to make a down payment.

So, down payment should be budgeted for when one chooses to buy a house.

Utility payment is paying to enjoy utilities in a house. Utilities include water and electricity

So, utility payment should be budgeted for when one chooses to buy a house.

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