LOCATION, DESCRIPTION, AND COSTS OF HOMES
PVH is currently building at two locations:
Cost:
Mortgages (with no profit, no interest) are written to cover costs that Habitat incurs and homeowners should plan to budget about 30% of their income toward their monthly housing costs. This housing cost amount covers your mortgage, escrowed taxes; an allotment for home insurance, condo fee (if home is a condo). Habitat mortgages are usually for 20 years.
Keep in mind that as a homeowner you will now have to pay for home repairs and other housing costs like trash pickup and snow removal that a renter does not pay.