ChitownLiving | Chicago Real Estate + Life

  I enjoy recommending products I think my clients may find useful.  HouseMath 2.0 was brought to my attention by Matt Goyer’s Real Estate Blog and again by Future of Real Estate Marketing.  HouseMath 2.0 allows you to calculate the true monthly cost of home ownership.  The typical components of monthly mortgage payments are Principal + Interest + Taxes + Insurance, otherwise known as PITI.  The true monthly cost of ownership however, is more complex than this and this is where HouseMath 2.0 takes over.  Other factors such as closing costs, brokerage commissions, and appreciation are accounted for.  Chicago is one of the supported cities so head on over and give HouseMath 2.0 a test drive. Image Source: HouseMath 2.0