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Your mortgage is only part of the cost. Add up your true monthly cost of ownership including tax, insurance, maintenance, service charges, and utilities.
A common guideline is roughly 1% of the property value per year, though older properties often require more.
Buyers who budget only for the mortgage are often caught out. Knowing the full cost prevents overstretching.
Disclaimer: This calculator provides estimates for informational purposes only and is not financial, tax, or legal advice. Verify figures with a qualified professional before making decisions.