
You’ve finally closed on the home of your dreams, possibly shelling out tens of thousands of dollars for your down payment and closing costs. But for first-time homeowners, the expenses are just beginning once you’ve signed the deed and received your keys.
One study from SelfStorage.com, previously reported by GOBankingRates, spotlighted that homeowners often spend between $8,300 and $18,000 annually on home costs, including maintenance and utilities but not counting mortgage and insurance.