Colli Real Estate

How do I use a "how I can afford?" Calculator?

I play online calculators affordable house like this: Why these calculators http://finance.yahoo.com/calculator/real-estate/hom01 prompted "estimated annual tax property" and "owner believes insurance Annual? "Is not that the annual property tax will be based on how much home I can afford? How do I know the amount of taxes when one knows the value of the property? Is not this putting the cart before the horse? It would be a little more sense to me if they asked for a percentage. Ditto for insurance. No insurance is also based on the value of being insured? I'm probably misunderstanding the terms, but these calculators instructions are usually very bad. Thank you!

It's kind of catch 22, you're right. But in my area of tax land will be about 2.8% or purchase price per year. In an area 20 miles could only be 2.0% or 3.5%. The school district in the city, and believe their own rates. I do not know how your region. The insurance does not only depend on the value of the house, but the quality of your credit and the size a franchise, you can lift and all a number of other variables. I think these sites do their best to warn you that these costs could make a quarter of their salary or more, and think about them when you're looking at houses.

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