Why are you waiting?Let us help you make the choice for a more Carefree Affordable Living
Is the mortgage loan on your home paid-off?Have you considered other costs associated with homeownership?They exist and continue to rise year after year; real estate taxes, homeowners insurance, utilities, house maintenance, exterior maintenance, etc.
Estimated Monthly Expense
Staying in
YOUR HOME
VERSUS
Moving to your New Home @ Town Square
Description
*HomeownershipMonthly Expense
Monthly Expense for One Bedroom Apartment
Monthly Expense for
Two Bedroom Apartment
Mortgage Payment versus Renting at Town Square
$0
$975.00
$1125.00
Real Estate Taxes
260.00
0
0
Homeowner Insurance versus
Renters Insurance
50.00
20.00
20.00
Duke Energy “Even Billing”
175.00
40.00
60.00
Water & Sewer expense
35.00
0
0
Estimated Interior Home Maintenance
50.00
0
0
Estimated Exterior Home Maintenance
Lawn mowing, leaf and snow removal, etc.
50.00
0
0
Total Monthly Expense
$620.00
$1,035.00
$1,205.00
Additional Monthly Income received form Investing House Sale Proceeds ($219,900) in Three (3%) percent
Monthly Distribution Annuity
0
($550.00)
($550.00)
Net cost of Homeownership VERSUS
Renting Your New Home at TOWN SQUARE
$620.00
$485.00
$655.00
* Actual figures for a house located at 6491 Donjoy Drive in Blue Ash which sold for $219,900 on December 31, 2009.Utilities, Insurance, Water & Sewer received from Duke Energy, Cincinnati Water Works and an Independent Insurance Agent, etc.