Owning a home is loaded with extra costs, & 30-40% of homeowners feel house poor after their first purchase. Understanding all of these costs before buying is crucial. We've built a dashboard to help you nail the right home for your budget, allowing you to plan, explore, & buy with confidence.
Break down the true cost of ownership for any home you are considering, to include financing, insurance, property taxes, utilities, HOA fees, maintenance, & other expenses.
Compare up to 10 residential homes side by side, and find the best fit for your budget. Each home ownership cost is summarized on its own tab, then rolled into a single dashboard to show an average monthly ownership cost for each home you are comparing.
Financing, insurance coverage costs, taxes, HOA fees, utilities, and even landscaping costs. This serves as an excellent home buying & budget planner, enabling you to make more educated purchase decisions, and not be surprised later with any unexpected home ownership costs.
Pick a few of your potential homes, fill out your dashboard, then print the individual tabs to have with you while you visit the properties and consider your offers. Meet your realtor knowing what you want, and avoid any major financial commitments that put you over your budget.
Buying a home is one of the most important decisions you'll make, as it's a major financial commitment. Additionally, a home is a major portion of the net worth of most millionaires, making it one thing you want to do your financial homework on.
The dream of homeownership often comes with visions of cozy dinner parties, personalized decor, and building equity instead of "throwing money away" on rent. But that dream can quickly turn into a financial nightmare if you end up "house poor" – when your home expenses consume so much of your income that you have little left for other necessities and life pleasures.
SpreadWiseCo LLC