A paid-off house can still have a substantial carrying cost.
| Expense | Monthly | Annual |
| Mortgage / loan | ||
| Property taxes | ||
| Homeowners insurance | ||
| Flood insurance | ||
| HOA / community fees | ||
| Electricity | ||
| Water / sewer | ||
| Gas | ||
| Internet / security | ||
| Lawn / landscaping | ||
| Pool service | ||
| Pest control | ||
| Cleaning help | ||
| Routine repairs | ||
| General maintenance | ||
| Storm preparation | ||
| Other | ||
| Total |
Estimated monthly cost: · Estimated annual cost:
| Major Item | Estimated Cost | Likely Timing |
| Roof | ||
| HVAC / air conditioning | ||
| Plumbing | ||
| Electrical | ||
| Water heater | ||
| Windows / doors | ||
| Exterior paint | ||
| Flooring | ||
| Kitchen | ||
| Bathrooms | ||
| Pool equipment | ||
| Accessibility modifications | ||
| Appliances | ||
| Other |
Estimated major expenses during the next 5 years:
Current annual carrying cost × 5:
Estimated 5-year total house cost:
This calculation is not intended to tell you to move. Its purpose is to make the cost of staying visible so you can compare it with your other options.
The 2-minute Home Transition Decision Check can help you see what may deserve attention before you make any decision.
Take the 2-Minute Decision Check