Most homeowners do not know the total annual cost to own their home. They don’t have a budget for insurance costs, property taxes, gas and electric bills, water and sewer costs, or other typical services like alarm costs, pest control, landscaping or cleaning cost. This causes financial uncertainty and stress in many homeowners lives.
Overall Household Budget
HomeZada has developed a new model that automatically creates an overall household budget for you. All you have to do is enter in the address of your home and HomeZada will adjust the budget based on your location and the size of your home. For new paid subscriptions, this means just entering in your address as part of the initial sign-up.
This is the simple step you need to do to get started. Simply enter your accurate home address in the sign up.
HomeZada then does the work for you. It automatically creates your entire household budget for you based on location and size of your house! You can easily adjust if our estimates are off a bit.
Estimated Home Value
As a reminder, HomeZada also determines the current estimated value of your home based on updated local market conditions. It also calculates your mortgage balance and shows you how much equity you have in your home asset. HomeZada keeps updating this information for you as market conditions change.
For Existing Customers
For existing customers who have not established their own budget yet, just click on “Household Budgets” from the finances dashboard and enter in your state and the square footage of your home and HomeZada will do the rest.
A quick recap…
HomeZada is the best home finance app because all you have to do is enter in your address, and HomeZada does all the rest for you!!!
- -Budgets for mortgage, property tax, and home insurance costs.
- -Track Budgets for electric, gas, water and garbage costs.
- -Budgets for pest control, alarm costs, landscaping, and pool costs if appropriate.
- -Creates a current and three year forecast of your home’s estimated value.
- -Creates your mortgage schedule with approximate mortgage balance.
- -Calculates your estimated home equity and your loan to value ratio.
Be a financially savvy homeowner with HomeZada. For more about these new features, we invite you watch this video.
For more features and how best to use HomeZada, check out these posts.
HomeZada Tip: Print an Estate Planning PDF
