| Rough estimate of annual homeownership related expenses | ||||||
| (Some average household expenses excluding your mortgage payment & other non-household expenses like transportation & auto maintenance; outside meals & entertainment; etc.,.) - Some of these expenses will be higher or lower depending on many factors. | ||||||
| Maintenance Item | Mo. Avg. | Add'l Required | Add'l Optional | Add'l Annual | Frequency | Items included |
| Budget for Major Repairs | 50.00 | monthly | Roof; HVAC; H2O htr; plumb/elec | |||
| Cable | 50.00 | monthly | Basic cable services | |||
| Door locks | 125.00 | one time | front, back, garage to house | |||
| Furnace Filters | 40.00 | annual | 2/quarter/$5each | |||
| Furniture - Bedrooms | 1,000.00 | one time | Beds, dressers, desks, lamps, etc. | |||
| Furniture - Dining Room | 500.00 | one time | Dining Room Table | |||
| Furniture - Great Room | 750.00 | one time | Sofa-Love Seat; Chair; Coffee Table | |||
| Furniture - Kitchen/Breakfast | 200.00 | one time | Breakfast table | |||
| Groceries | 300.00 | monthly | 75/week | |||
| Hardware - Miscellaneous items | 10.00 | monthly | Nails, screws, hand tools, other misc. | |||
| HOA (Homeowners Assoc) Fee Fee | 200.00 | annual | Depends on what the HOA charges | |||
| Home Warranty (2 service calls/yr) | 500.00 | 120.00 | one time | Renewal is optional - but 2 service calls/yr | ||
| Homeowner's Insurance | 50.00 | 50.00 | annual | general increase or additional computers | ||
| Household - Cleaning | 10.00 | 300.00 | one time | vacuum cleaner; garbage bags; soaps; detergents; mop; broom; sponge; towels; ironing board; glade; furniture polish | ||
| Household - Linens/Blinds/Curtains | 50.00 | 120.00 | one time | bath/kitchen towels; draperies; sheets | ||
| Household - Simple maintenance | 10.00 | occasional | light bulbs; caulk; hand tools; d-tape; | |||
| Internet Service | 50.00 | Cable, phone, satellite, CLEAR, other… | ||||
| Kitchen - Appliances | 500.00 | one time | New microwave-repairs to existing appl. | |||
| Lawn Maintenance | 10.00 | 250.00 | monthly | If not a townhouse w/existing lawncare; mower; yard tools; wheelbarrow; seed; weed eater; roundup; lawn mower | ||
| Miscellaneous | 25.00 | monthly | Miscellaneous unplanned items - aspirin; pharmacy; magazines; etc,. | |||
| Property Taxes - Increase | 100.00 | annual | $250 increase 2009 | |||
| Telephone | 45.00 | monthly | Land line or cell phone | |||
| Utilities - Cable | 50.00 | monthly | Average monthly service | |||
| Utilities - Electricity Deposit | 50.00 | one time | Deposit to establish service | |||
| Utilities - Electricity | 120.00 | monthly | Average monthly service | |||
| Utilities - Garbage | 20.00 | monthly | Average monthly service | |||
| Utilities - Gas Deposit | 50.00 | one time | Deposit to establish service | |||
| Utilities - Gas | 80.00 | monthly | Average monthly service | |||
| Utilities - Internet Service | 40.00 | monthly | Average monthly service | |||
| Utilities - Water Deposit | 50.00 | one time | Deposit to establish service | |||
| Utilities - Water | 50.00 | monthly | Average monthly service | |||
| Mo. Avg. | Add'l Required | Add'l Optional | Add'l Annual | |||
| TOTALS | 1,070.00 | 1,350.00 | 2,870.00 | 635.00 | ||
| x 12 | ||||||
| Annual Cost | 12,840.00 | |||||
| Please share your budget with me so I can inform other homebuyers of expenses of homeownership. Jim Parker - jim@abuyeragent.com | ||||||