08/24/2026
🏡 MYTHBUSTING MONDAY
MYTH: Buying a home is only about the monthly mortgage payment.
Your mortgage payment is just one piece of the homeownership puzzle!
When you're planning to purchase a home, it's important to look beyond the mortgage and consider the full cost of owning the property. Depending on the home, your ongoing expenses may include:
• Property taxes — an annual cost that can vary significantly by property and location.
• Home insurance — protecting your home and belongings is an important part of your budget.
• Utilities — heating, electricity, water, and other services can add up each month.
• Maintenance & repairs — every home requires ongoing upkeep, from routine maintenance to unexpected repairs.
• Condo or HOA fees — applicable to certain properties and communities.
• Lawn & snow care — something to consider if you're responsible for maintaining the property yourself.
• Future improvements — you may want to budget for upgrades, renovations, or replacements down the road.
💡 The real question isn't just, “What mortgage payment can I afford?”
It's “What is the overall cost of owning this home, and does it comfortably fit my budget?”
Understanding the complete financial picture before you buy can help you make a more confident decision — and avoid surprises after you get the keys.
Thinking about buying? Your REALTOR® can help you identify the costs you should consider when evaluating a property.
• Elissa Kurbis | 403.854.1049 | [email protected]
• Jon Kurbis | 403.854.1949 | [email protected]�
• Melissa Walker | 403.415.5229 | [email protected]�
• Sandra Murphy | 403.857.8921 | [email protected]
• Brady Moench | 403.848.3940 | [email protected]
🏢 Kurb Appeal Office�
🕘 Monday–Friday | 9:00 AM – 3:30 PM (MST)�
📞 403.854.1409