How much will a new home cost me after taxes?

How much will a new home cost me after taxes?

John Caliendo (Realtor) gives expert video advice on: What are some of the benefits of owning a home?; What are some of the drawbacks of owning a home? and more...

When getting started in real estate, taxes are not something you get past, taxes kind of stay with you. In my state for example, your property taxes are 1.25% of your purchase price annually. Throughout the country, taxes could vary by state or county, but it is something that's incorporated into your monthly payment.