Question

Janice is budgeting for buying a house. She has quotes for the monthly mortgage payment and estimates for the annual costs for property tax, insurance, and repairs and maintenance. Which expense is likely to vary widely from year to year and even from month to month?


Select the best answer from the choices provided.
mortgage payment
property tax
insurance
repairs and maintenance

Answer 1

@JoannaBlackwelder

Answer 2

Repairs and maintenance would be the most variable.

Answer 3

its D i believe

Answer 4

:)

Answer 5

it is ?

Answer 6

@JoannaBlackwelder

Answer 7

D

Answer 8

Lewis's house increases in value by 3% each year over two decades, he could still lose money when he sells the house if _____.


Select the best answer from the choices provided.
interest rates on mortgages fell 3% over the same time
his repair and maintenance costs were more than 3% a year
homes in other areas of town lost more than 3% of their value
his down payment was significantly more than 3% of the house value

Answer 9

his repair and maintenance costs were more than 3% a year is the one that makes sense to me.