The Cost of Owning a Home in Dallas Texas

What Else Is It Going to Cost Me
to Own a Home in Dallas?
I. Taxes and Hazard Insurance

(A)Enter your desired monthly house payment including taxes and insurance:
$
(B) Will you have less than a 20% down payment?: 1.Yes (I will calculate your approximate private mortgage insurance for you); 2.No (Your private mortgage insurance is zero)

<-- Now Hit the Bulls-eye and I Will Do the Rest

(C)Approximate Monthly Taxes:	$
(D)Approximate Monthly Insurance:	$

Total Taxes and Insurance(part of your monthly mortgage payment)

(B)+(C)+(D)=$

II. Utilities: Gas + Electric + Water + Trash
Use a monthly average:
$200 for 1500 to 2500 sq. ft.
$300 for 2500 to 3500 sq. ft.

Here are the Equations Used to Calculate the Amount of Taxes and Insurance

Approximate Monthly Taxes = ( Desired Monthly Payment * 110 ) * (0.025) / 12

Approximate Monthly
Insurance = ( Desired Monthly Payment * 110 ) * (0.005) / 12

Approximate Private Mortgage Insurance = ( Desired Monthly Payment * 110 ) * (0.004) / 12 (if "Yes" to (B) )

Zero ( if "No"
to (B) )

Here are the Equations Used to Calculate the Amount of Taxes and Insurance
Approximate Monthly Taxes =	( Desired Monthly Payment * 110 ) * (0.025) / 12
Approximate Monthly Insurance =	( Desired Monthly Payment * 110 ) * (0.005) / 12
Approximate Private Mortgage Insurance =	( Desired Monthly Payment * 110 ) * (0.004) / 12	(if "Yes" to (B) )
	Zero	( if "No" to (B) )