Be sure to include additional costs like property taxes, insurance premiums, homeowners insurance, homeowners’ association dues (if applicable), etc.
Before you start looking for a new home, you need to know what’s actually within your price range. Check your monthly budget to determine how much house you can afford and to understand how a mortgage payment will fit into it. You need to leave room in your budget for other things, so make sure your monthly housing costs are going to be no more than 25% of your monthly take-home pay. Be sure to include additional costs like property taxes, insurance premiums, homeowners insurance, homeowners’ association dues (if applicable), etc.