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Summary:

This article shows how you can add a house to your account.
Adding houses to your account will help you:

  • Track the financial aspects of the house over time
  • Provide a way to calculate financial impact of switching to mortgages, or modifying existing mortgage.

Note: Mobile browsers have a simplified UI which may not contain all controls. For best experience, a desktop browser is recommended.

Steps to add a house:
  1. Navigate to the "Your Properties" page using the main menu.
  2. Click on the "Add New Home" tile image
  3. Fill in the required details about the house in the form that appears.
    • Fill In Name of the House as a quick identifier (e.g., "My First Home", "Vacation Home", etc.)
    • Choose a Region of the House. This helps in calculating/Charting property value over time using the house price index data for the region.
    • Fill in the purchase date. This helps in calculating/Charting property value over time.
      • If House is not purchased, uncheck the purchased checkbox. This will exclude the house from your networth/equity calculations.
    • Fill in the value and valuation date of the house. This works in conjunction with the house price index to track property value over time.
    • Fill in the details of thse house if desired. The property Taxes, Heating Cost Per Year, Maintenance Fees Per Month are used to calculate mortgage elegibility.
    • Fill in the monthly rental income if this house is (or planned to be) rented. This will be considered part of your income when performing mortgage calculations.
    • Fill in the yearly expenses if there are expenses such as condo fees etc. This will be considered when calculating mortgage elegibility.

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  1. Click the "Save" button to add the house to your account.
Additional Information:
  • See Adding Mortgage article on how to add mortgages against your home.
  • See Home Calculations article on what calculators are available with your home.
  • See Home Chart article on how to interpret the generated charts for your home.
  • See dashboard article on how to interpret the dashboards for your home equity.