whats your biggest monthly expense?

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Modular

Diamond Member
Jul 1, 2005
5,027
67
91
Mortgage for sure.

For the one who asked; the property taxes can be the highest payment for those who have smaller loan amounts.
 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,484
8,345
126
no. my place is assessed @ 179,500$ and i pay $1300/yr in prop tax.

unless you refinanced your mortgage part way or something i dont see how

My parents have a house worth about $300,000 and their property taxes are about $5000 a year. They had a huge amount of equity to put into the house when they build and did a large amount of work on their own during the construction. They also recently refinanced in the last year to lock in at lower interest rates.

After their downpayment, sweat equity and refi, their payments are lower than their taxes.
 

D1gger

Diamond Member
Oct 3, 2004
5,411
2
76
My strata fees for our Vancouver condo ~$425/mth. Is the single largest invoice each month, but we probably spend more than that on food, it just doesn't seem like as much because we buy food often.
 

Elbryn

Golden Member
Sep 30, 2000
1,213
0
0
if i go by min payment, kid's daycare is the most expensive. if i go by the most i pay per month, mortgage like everyone else.
 

Koing

Elite Member <br> Super Moderator<br> Health and F
Oct 11, 2000
16,843
2
0
Mortgage
Food
Council tax
Car insurance
gym fee
bills

Koing
Little epxenses