How much should I expect to spend on home insurance?

Question by stukazumper: How much should I expect to spend on home insurance?

I am planning a home purchase and I want to budget my monthly payment. In the area where I live, I expect to pay approx 650K for a 3bed, 2 bath home. When I calculate my monthly payment, I want to know the Home Insurance component as well as Property Tax for Fremont, CA if possible.

Best answer:

Answer by jay p
about 1,800 yearly. have it impounded with escro and it wont hurt a bit. i pay 1,600. 530k home in hayward. congrats on the purchase. state farm was a good bet.

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Tags: Budget Monthly Payments, CA, Freemont, Home Insurance, Home Purchase, Mortgages, Property Tax