Which of the following is not a recurring housing cost?
A)Mortgage payments
B)PITI
C)Points
D)Maintenance and operating costs
E)Homeowner's insurance

Question

Quizplus · Accepted Answer

Mortgage payments, PITI (Principal, Interest, Taxes, and Insurance), maintenance and operating costs, and homeowner's insurance are all recurring housing costs. However, points are a one-time expense paid at the time of the mortgage closing and not a recurring cost.

Which of the Following Is Not a Recurring Housing Cost