This is a tool that calculates the cost of owning a house on a periodic basis by adding up all the individual costs.
For this calculation, it is necessary to supply the following information:
- The mortgage instalment as a yearly, quarterly, monthly (default) or weekly amount.
- The property taxes as a yearly, quarterly, monthly (default) or weekly amount.
- The insurance as a yearly, quarterly, monthly (default) or weekly amount.
- The cost of repairs and maintenance as a yearly, quarterly, monthly (default) or weekly amount.
- The total payment for utilities as a yearly, quarterly, monthly (default) or weekly amount. If you need a tool to sum up the individual utility payments to obtain this total, then you can use the Total Utility Bill Reckoner.
- The cost of house improvements as a yearly, quarterly, monthly (default) or weekly amount.
Associated tool link: http://www.coggit.com/tools/cost_of_owning_a_house.html